Edenred signs increased €700m revolver

29 Apr 2013

Edenred, the UK voucher services firm, has signed a new €700m revolving credit line to refinance bilateral facilities, increasing the deal from a planned €600m after it was oversubscribed.

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. ...

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