Sugar Group Tereos Gets Financial Reprieve Until 2022
date:Feb 20, 2019
loan is being provided by BNP Paribas, Natixis and Rabobank, Tereos said in a statement.

This allows us to gain time to see how things evolve on the sugar market, a Tereos spokesman said.

In such a violent sugar crisis it is responsible management. We cut by half the reimbursement we would need to have done next year.

Tereos said the new loan would have a slightly lower interest rate than the 4.25 percent committed in the bond expiring in 2020 but declined to disclose it.

The company unveil
3/5 next page prev page home page last page
go back |  refresh |  WAP home |  Web page version  | login
07/07 10:26