Mauser extends over €650m of loans

17 May 2013

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 company’s €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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