Action refinancing and Capital Markets seminar

RNS Number : 1938H
3i Group PLC
09 March 2018
 

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 Santoro
Investor Relations Director
 


Tel 020 7975 3258

Kathryn van der Kroft
Communications 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

 

 


This information is provided by RNS
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