Lagardère: finalizes its refinancing operation – 06/07/2024 at 6:03 p.m.

( – Lagardère announces that it has today successfully finalized the refinancing of its financial debt. The effective acquisition of control of Lagardère SA by Vivendi SE in November 2023 led to the early repayment of a large part of Lagardère SA’s financial debt (around 1.2 billion euros).

This repayment was financed by a loan granted by Vivendi SE to Lagardère SA on December 12, 2023, for a maximum total amount of 1.9 billion euros and with a maturity of March 31, 2025.

In addition, a new revolving credit facility (RCF) of 700 million euros over 5 years is being put in place to replace the syndicated revolving credit maturing in April 2025.

This refinancing thus makes it possible to extend the maturity of the Group’s financial debt and to sustainably consolidate its financial structure.

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