Vivendi: Refinancing of a credit line of €1.5 billion over five years
PARIS -- March 28, 2013
Vivendi (Paris:VIV) completed the early refinancing of a €1.5 billion bank
credit line maturing May 2014 by signing a new credit line for the same amount
with a five-year maturity.
The transaction has been placed successfully with 16 banks. It enables the
Group to strengthen its financial structure, in particular to maintain its
average debt maturity over four years.
Vivendi is at the hearts of the worlds of content, platforms and networks.
Vivendi combines the world leader in video games (Activision Blizzard), the
world leader in music (Universal Music Group), the French leader in
alternative telecoms (SFR), the Moroccan leader in telecoms (Maroc Telecom
Group), the leading alternative broadband operator in Brazil (GVT) and the
French leader in pay-TV (Canal+ Group).
In 2012, Vivendi achieved revenues of €29 billion and adjusted net income of
€2.55 billion. The Group has over 58,000 employees. www.vivendi.com
This press release contains forward-looking statements with respect to
Vivendi`s financial condition, results of operations, business, strategy and
plans. Although Vivendi believes that such forward-looking statements are
based on reasonable assumptions, such statements are not guarantees of future
performance. Actual results may differ materially from the forward-looking
statements as a result of a number of risks and uncertainties, many of which
are outside our control, including but not limited to the risks described in
the documents Vivendi has filed with the Autorité des Marchés Financiers
(French securities regulator) and which are also available in English on our
web site (www.vivendi.com). Investors and security holders may obtain a free
copy of documents filed by Vivendi with the Autorité des Marchés Financiers at
www.amf-france.org, or directly from Vivendi. The present forward-looking
statements are made as of the date of this press release and Vivendi disclaims
any intention or obligation to provide, update or revise any forward-looking
statements, whether as a result of new information, future events or
Unsponsored ADRs. Vivendi does not sponsor an American Depositary Receipt
(ADR) facility in respect of its shares. Any ADR facility currently in
existence is “unsponsored” and has no ties whatsoever to Vivendi. Vivendi
disclaims any liability in respect of such facility.
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