online installment loans

Nexans: Early Repayment of 280 Million Euros French State Backed Term Loan (“PGE”) and 250 Million Euros Senior Unsecured Fixed Rate Bond Due 2021

  • by

Nexans: Early Repayment of 280 Million Euros French State Backed Term Loan (“PGE”) and 250 Million Euros Senior Unsecured Fixed Rate Bond Due 2021

Paris, March 10, 2021 – Nexans announces the early full redemptions of the 280 million euros French State backed loan (“PGE”) as of February 25, 2021 and the 250 million euros senior unsecured at 3.25% fixed rate bond issued on May 26, 2016 and due on May 26, 2021 (ISIN: FR0013176294) as of March 10, 2021 today.

On June 11, 2020 Nexans announced the execution of a French State backed €280 million term loan (“PGE”), granted by way of a pool of French banking institutions having a twelve-month readiness and an expansion option, up to 5 years, exercisable by Nexans.Read More »Nexans: Early Repayment of 280 Million Euros French State Backed Term Loan (“PGE”) and 250 Million Euros Senior Unsecured Fixed Rate Bond Due 2021