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FNAC Darty has two new options to push out revolver, extends delayed-draw loan
By Wendy Van Sickle
Columbus, Ohio, Dec. 13 – FNAC Darty renegotiated its €500 million revolving credit line and extended its undrawn delayed-draw term loan to December 2026, according to a news release.
The revolver matures in March 2028 and has two new extension options, to March 2029 and March 2030, with lender approval.
The extension of the term loan was the result of the company’s exercising its first 12-month extension option for the €300 million loan, which allows the group to cover the refinancing of its outstanding senior bonds issued in 2019 and maturing in 2024.
FNAC Darty is an electronics retailer based in Ivry-sur-Seine, France.
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