Lagardère: completes refinancing operation

(CercleFinance.com) - Lagardère announced on Friday that it has successfully completed 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 E1.2bn).

This repayment was financed by a loan granted by Vivendi SE to Lagardère SA on 12 December 2023, for a maximum aggregate amount of E1.9bn, maturing on 31 March 2025.

In addition, a new 5-year revolving credit facility (RCF) of E700m has been set up to replace the syndicated revolving credit facility maturing in April 2025.

This refinancing extends the maturity of the Group's financial debt and consolidates its financial structure on a long-term basis.


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