Remy Cointreau amends €255 million revolver, extending to 2019

By Jennifer Chiou

New York, April 11 - Remy Cointreau SA entered into an amendment to its €255 million revolving credit facility, extending it to April 2019 and cutting interest to Euribor plus 100 basis points.

As reported, initial pricing in June 2012 was Euribor plus 195 basis points.

Societe Generale Corporate & Investment Banking, Bank of America, BNP Paribas, Credit Agricole Corporate and Investment Bank, Banque de l'Economie du Commerce et de la Monetique, Credit Industriel et Commercial, HSBC and Natixis were the bookrunners on the deal and lead arrangers with Credit du Nord, KBC Bank and Rabobank.

Remy Cointreau is a Cognac, France-based alcohol manufacturer.

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