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BRIEF-Hochtief refinances 1.7 bln euro syndicated loan early
August 10, 2017 / 7:34 AM / 2 months ago

BRIEF-Hochtief refinances 1.7 bln euro syndicated loan early

Aug 10 (Reuters) - Hochtief AG

* Refinances 1.7 billion euro syndicated loan early

* Agreed a facility with a tenor of five years from august 9, 2017 and extension options of up to two more years

* Of the total amount, eur 1.2 billion are guarantee facilities and eur 0.5 billion cash facilities at significantly improved terms

* Bank demand significantly exceeded the refinancing requirements Source text: here Further company coverage:

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