ALTRAN TECHNOLOGIES : Altran successfully completes the syndication of its €2,125m equivalent Senior Secured Term Loan B
Summary
Pro forma of the €750m rights issue authorized by the January 26, 2018 shareholders meeting, margin on euros and US dollars tranches should respectively be 2.75% and 2.25% for the contemplated 3.25x leverage ratio.This new term loan will benefit from the absence of financial covenants.Crédit Agricole Corporate and Investment Bank, Goldman Sachs International and Morgan Stanley & Co acted as Mandated Lead Arrangers for the transaction.For over thirty years, the Altran group has provided its expertise to key players in the Aerospace, Automotive, Defence, Energy, Finance, Life Sciences, Railway, and Telecom sectors, among others.Actual results could differ materially from those projected or forecast in the forward-looking statements, in particular due to the inability of Altran to achieve expected synergies or to successfully integrate Aricent, to uncertainties inherent to any business activity and to the economic, financial, competitive and regulatory environment.No representation, warranty or undertaking, express or implied, is made by Altran as to, and no reliance should be placed on the completeness of the information and/or opinions contained herein or in any connected written or oral communications.