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BRIEF-Compagnie des Alpes reduces cost of its debt and increases its average maturity
March 15, 2017 / 5:30 PM / 8 months ago

BRIEF-Compagnie des Alpes reduces cost of its debt and increases its average maturity

March 15 (Reuters) - Compagnie des Alpes SA:

* Reduces the cost of its debt by more than 40 percent from 2017-18 and significantly increases average maturity of its debt

* Refinancing of the bond due october 2017 by the introduction of a new financing of an equivalent amount (200 million euros ($212.68 million))

* Syndicates loan (RCF – revolving credit facility) of 250 million euros amended Source text for Eikon: Further company coverage: ($1 = 0.9404 euros) (Gdynia Newsroom)

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