March 2, 2017 / 5:54 PM / 9 months ago

BRIEF-Wendel welcomes repricing completion of CSP Technologies' term loan B facility

March 2 (Reuters) - Wendel SE:

* Welcomes the repricing completion of term loan B facility of CSP technologies

* Size of existing term loan was increased by USD 12 million to a total of USD 178 million

* Interest rate existing term loan was reduced by 75 basis points to Libor + 525 bps

* Company expects to reduce its annual interest expense by approximately USD 1.3 million Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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