On May 7th 2021, Compact Bidco B.V (parent company to Consolis Group) issued EUR 300 million Senior Secured Notes “SSNs”, listed at the International Stock Exchange “TISE”.
Key characteristics
- Principal Amount: € 300 million
- Interest Rate: 5.75%
- Issue Price: 100%
- Issue Date: May 7th, 2021
- Interest Payment Dates: Semi-annually on May 1st and November 1st
- Maturity Date: May 1, 2026
To manage ordinary cash swings in our business, Compact Bidco B.V (parent company to Consolis Group) has entered into an agreement of a € 75 million Super Senior Revolving Credit Facility, in conjunction with the issue of the Senior Secured Notes on May 7th 2021.
Key characteristics
- Principal Amount: € 75 million
- Interest Rate: Relevant IBOR + 3.50% p.a. (subject to ratchet from February 7th 2022)
- Termination Date: November 7th, 2025
