By Lisa Kerner
Charlotte, N.C., July 2 - Royal Imtech NV subsidiary Imtech Capital BV completed a €100 million private placement of senior notes in two tranches of €50 million each with seven- and nine-year maturities.
Proceeds will be used to refinance existing debt, according to a company news release.
In November 2011, Imtech negotiated its first private placement amounting to $300 million in different currencies and with maturities of five years up to 12 years.
Royal Imtech is a technical services provider in the fields of electrical solutions, information and communication technology and mechanical solutions. It is based in Gouda, the Netherlands.
| Issuer: | Imtech Capital BV
|
| Guarantor: | Royal Imtech NV
|
| Issue: | Senior notes
|
| Amount: | €100 million
|
| Maturity: | Seven years for €50 million, nine years for €50 million
|
| Distribution: | Private placement
|
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