Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers F > Headlines for Faurecia SA > News item |
Faurecia to pay down revolver borrowings with senior notes proceeds
By Sara Rosenberg and Paul A. Harris
New York, April 26 - Faurecia SA plans on repaying some revolving credit facility debt using proceeds from a €250 million senior notes offering, according to a market source.
Remaining proceeds will be used to reduce outstanding debt, extend debt maturity profile and diversify sources of funding.
Faurecia is a Nanterre, France-based automotive equipment supplier.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.