9th Mar 2018 08:30
3i Group plc
9 March 2018
Action refinancing and Private Equity Capital Markets seminar
Action, 3i Group plc's ("3i") largest investment, has successfully syndicated and completed a €2.41 billion all-senior debt refinancing, comprising a €2.285 billion Term Loan B and a €125 million Revolving Credit Facility. Proceeds from the refinancing were used to refinance existing debt and finance a distribution to shareholders. 3i expects to receive cash of c.€321 million from Action by 31 March 2018.
3i will be holding a Private Equity Capital Markets Seminar today, involving a presentation from the management team of Action. No material new information or update on current trading will be provided during the Seminar.
Presentation materials will be made available on 3i's website (www.3i.com).
Ends
For further information, please contact:
Silvia SantoroInvestor Relations Director | Tel 020 7975 3258 |
Kathryn van der KroftCommunications Director | Tel 020 7975 3021 |
About 3i Group
3i is a leading international investment manager focused on mid-market Private Equity and Infrastructure. Our core investment markets are northern Europe and North America.
For further information, please visit: www.3i.com
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