Rémy Cointreau renews and upsizes its syndicated loan to €180 million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 02 2024
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Source: SeekingAlpha
- Renewal of Credit Facility: Rémy Cointreau renewed and increased its revolving credit facility to €180 million with a 5-year maturity.
- New Agreement Signed: A new facility agreement was signed with a consortium of eight core relationship banks, increasing the credit facility from €100 million.
- Coordination by Société Générale: Société Générale was mandated to coordinate the transaction for Rémy Cointreau.
- Investor Reaction: Investors reacted positively to Rémy Cointreau's improved outlook for the U.S. and China markets.
- Financial Data Available: Historical earnings data and dividend scorecard for Rémy Cointreau SA are provided for investors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
