Rekeep plans to enter into new €75 million revolving facility

Chicago, Jan. 19 – Rekeep SpA is planning to enter into a new €75 million revolving credit facility simultaneously with an issue of €350 million of senior secured notes due 2026, according to a press release.

The company is planning to use proceeds from the revolver for general corporate and working capital purposes.

The notes will be used for the early redemption of the company’s 9% senior secured notes due 2022 and to repay an existing revolver.

Rekeep is a Bologna, Italy-based provider of integrated facility management services.

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