date:Jun 23, 2014
ry 2013 and a new CEO, Elio Leoni, was also appointed in May 2013.
The refinancing will be shown to investors at a bank meeting on June 24 in London and commitments are due July 2.
PRICE REDUCTION
A six-year euro term loan has price guidance of 450 basis points (bps) over Euribor and 500bps on a six-year sterling term loan. The existing loan pays 475bps on euros and 537.5bps on sterling.
An 80 million euro, five-year revolving credit is also included, with price guidance of 425bps.
Permira