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Mersen successfully renegotiates its syndicated loan

July 17, 2014



PR Newswire/Les Echos/ press release Mersen successfully renegotiates its syndicated loan Paris, July 16, 2014 - Mersen (Euronext FR0000039620 - MRN), global expert in electrical specialties and graphite-based materials, announces an amendment of its committed credit lines arranged in July 2012, in a single multi-currency syndicated loan of 220 million euros. With the new maturity date scheduled to July 2019, the maturity for the Group's syndicated loan is extended by two years. The Group will also benefit from improved financial conditions, taking advantage of the good environment surrounding the credit markets. This successful renegotiation is a testament to Mersen's creditworthiness, and further reinforces its excellent financial flexibility. Mersen has committed credit lines of 365 million euros in total, 145 million euros of which are currently available. The average maturity of the Group's funding is now around 5 years. ------end ----- About Mersen Global expert in electrical specialties and graphite-based materials, Mersen designs innovative solutions to address its clients' specific needs to enable them to optimize their manufacturing process in sectors such as energy, transportation, electronics, chemical, pharmaceutical and process industries. With 6,400 employees in over 35 countries, Mersen achieved consolidated sales of EUR739 million in 2013. The Group is listed on NYSE Euronext Paris - Compartment B Visit our website www.mersen.com/en Contact Press Contact VÉronique Boca Nicolas Jehly / Guillaume Granier VP, Financial Communication FTI Consulting Strategic Communications Mersen Tel: +33 (0)1 47 03 68 10 Tel: + 33 (0)1 46 91 54 40 Email: Nicolas.jehly@fticonsulting.com / Email: dri@mersen.comguillaume.granier@fticonsulting.comwww.mersen.com The content and accuracy of news releases published on this site and/or distributed by PR Newswire or its partners are the sole responsibility of the originating company or organisation. Whilst every effort is made to ensure the accuracy of our services, such releases are not actively monitored or reviewed by PR Newswire or its partners and under no circumstances shall PR Newswire or its partners be liable for any loss or damage resulting from the use of such information. All information should be checked prior to publication.




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Source: PR Newswire TOD Wire


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