MADRID, 12 Dic. (EUROPA PRESS) –
AmRest, owner of restaurant brands such as La Tagliatella or Sushi Shop, has signed a financing contract for 800 million euros, divided into three tranches, as reported by the company to the National Securities Market Commission (CNMV).
The firm has highlighted that tranche A, amounting to 560 million euros, will be used to pay the existing debt. The disbursement of this amount will occur in the coming days, once the conditions to which it is subject are met.
Likewise, the company has communicated that it will be able to use the rest of the sections – B and C – depending on its needs during the term of the contract.
In this sense, tranche B translates into an amount of 110 million for the financing of the ‘capex’, corporate purposes and organic growth of the company and its group, while tranche C entails a ‘revolving’ line for an amount of 130 million for the financing of the group’s working capital.
The payment schedule does not provide for mandatory repayments during the first two years, with a quarterly repayment schedule starting on December 31, 2025 and a final maturity in December 2028.
AmRest has highlighted, regarding the cost of debt, that the Euribor (2.50%) will be reduced or increased depending on the group’s leverage ratio.
The firm has assured that this contract is subject to compliance with certain common obligations in this type of operations, which includes the maintenance of certain financial ratios, and has the guarantee of certain entities that are part of the group.
Entre las entidades acreedoras, tal y como ha retaillado la compañía, se encuentran BBVA, BNP Paribas Bank Polska, Bank Polska Kasa Dobrze, Ceská Sporitelna, Coöperatieve Rabobank, ING Bank Slaski, Powszechna Kasa Oszczednosci Bank Polski Spółka Akcyjna, Banco Santander y Santander Bank Poland.
