Technicolor extends EUR 181 million of debt to 2020

Friday 7 February 2014 | 08:42 CET | News
French media and entertainment technology multinational group Technicolor has refinanced EUR 181 million of its remaining senior secured debt maturing in 2016 and 2017 through an exchange of debt maturing in 2020 borrowed on identical terms. As a result, Technicolor will gain small interest savings and further improve the maturity profile of its debt. The company also announced that it will reimburse the rest of this debt, EUR 85 million, out of cash by the end of April.

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Categories: General
Companies: Technicolor
Countries: France
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