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Published on 9/17/2018 in the Prospect News Bank Loan Daily.

Rallye gets €500 million credit facility due 2020 via five banks

By Marisa Wong

Morgantown, W.Va., Sept. 17 – Rallye signed a confirmed €500 million credit facility due June 30, 2020 with five of its core banks on Monday, according to a press release.

The banks are BNP Paribas, Credit Agricole CIB, Credit Industriel et Commercial, HSBC and Natixis.

This additional confirmed credit facility does not benefit from any pledge on casino shares and comes on top of Rallye’s current liquidity, the release noted.

Paris-based Rallye is a food and sporting goods products distributor.


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