Lagardère SA extends the maturity of its financial liquidity

Category

Corporate & other activities, Finance

Paris, April 21, 2022

Lagardère SA has agreed with its banking partners to amend its syndicated loan agreement, particularly concerning:

  • the immediate adjustment of the credit facility amount from €1.102 billion to €1.042 billion;
  • the extension of the maturity of the facility from March 2023 to April 2024 for an amount of 982 million euros, with the option of an extension until April 2026, subject to the banks’ agreement.

The syndicate of lending banks comprises Banco Santander, Barclays Bank, BNP Paribas, Citibank, Commerzbank, Crédit Agricole CIB, Crédit Agricole d’Ile-de-France, Crédit Lyonnais, HSBC, ING Bank, JP Morgan Chase Bank, Landesbank Baden-Württemberg, Natixis, Société Générale and UniCredit Bank.

This amendment was coordinated by Crédit Agricole CIB, acting as an agent.

Press contact

Ramzi Khiroun - Tel. +33 1 40 69 16 33 - rk@lagardere.fr

Image 7 contact

Anne Méaux - Tel. +33 6 89 87 61 76

Investor Relations contact

Emmanuel Rapin - Tel. +33 1 40 69 17 45 - erapin@lagardere.fr

Created in 1992, Lagardère is an international group with operations in more than 40 countries worldwide. It employs some 27,000 people and generated revenue of €5,130 million in 2021.
The Group is structured around two priority divisions: Lagardère Publishing (Book and e-Publishing, Board Games and Mobile Games) and Lagardère Travel Retail (Travel Essentials, Duty Free & Fashion, Foodservice).
The Group's operating assets also include Lagardère News and Lagardère Live Entertainment.
Lagardère shares are listed on Euronext Paris.
www.lagardere.com

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