German industrial packaging firm Mauser has received support from more than 96% of its lenders for an extension of its senior credit facilities, allowing the borrower to push back the maturity of almost all of Mauser’s €678m of senior loans.
The maturity of the companys 290m term loan B has been extended from June 2015 to December 2016, its 290m term loan C maturity from June 2016 to June 2017, its 23m drawn amount under the acquisition facility from June 2014 to June 2016 and its 75m revolver
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