The new multi-currency loan has a five year maturity. The financing will be used for general corporate purporses.
Barclays, BNP Paribas and Société Générale were co-ordinators on the loan, also acting as mandated lead arrangers and bookrunners alongside Crédit Agricole, Group Crédit Mutuel-CIC, Citi, Commerzbank, HSBC and Natixis. Bayerische Landesbank, BBVA, DNB Bank, ING, Itaú BBA, Intesa Sanpoalo and Santander were arrangers.
Edenred, which provides employee benefit, expense management, incentive and rewards systems, also has a €900m five year term loan due in June 2015. That facility was provided by Barclays, BNP Paribas, Citi, Crédit Agricole, Deutsche Bank, Natixis and Société Générale
The UK-based Edenred has operations across 40 countries. In 2012, it reported revenues of €1.1bn.
