Rémy Cointreau: repays vendor loan early

(CercleFinance.com) - Rémy Cointreau has announced that it has received a payment of 86.
8 million euros from Holding Champagne P&CH, for the total and final early repayment of a vendor loan, including the principal and capitalised interest.

This vendor loan, which has principal of 75 million euros, was concluded on the sale of Rémy Cointreau's champagne business to EPI Group in July 2011. It was initially granted for a nine-year term, with an early repayment option.


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