PR Newswire/Les Echos/ Press release April 25, 2013 Edenred successfully refinances existing facilities with a EUR700 million syndicated credit facility As part of its financial optimization process, Edenred announced today that it has closed a EUR700 million syndicated credit facility with a group of leading banks. The new facility replaces the existing bilateral committed credit lines, signed in June 2010 for EUR528 million and scheduled to expire in June 2014. Its five-year duration has lengthened the average maturity of Edenred's financing. The transaction's success attests to the market's confidence in Edenred and its sound financial situation(1). The banks participating in the oversubscribed facility are as follows: * Mandated Lead Arrangers and Bookrunners Barclays Bank PLC, BNP Paribas, Crédit Agricole Corporate and Investment Bank, Groupe Crédit Mutuel - CIC, Citibank, N.A., Commerzbank, HSBC, Natixis, Société Générale Corporate & Investment Banking * Arrangers Bayerische Landesbank, Banco Santander, BBVA, DNB Bank ASA, ING * Co-Arrangers Itaú BBA, Intesa Sanpaolo (1) Edenred has been rated " Strong Investment Grade " by Standard & Poor's since June 2010. The rating was affirmed by Standard & Poor's on March 26, 2013. Edenred, which invented the Ticket Restaurant(r) meal voucher and is the world leader in prepaid corporate services, designs and delivers solutions that make employees' lives easier and improve the efficiency of organizations. Edenred solutions ensure that funds allocated by companies are used as intended. These solutions help to manage: * Employee benefits (Ticket Restaurant(r), Ticket Alimentación, Ticket CESU, Childcare Vouchers, etc.) * Expense management (Ticket Car, Ticket Clean Way, Repom, etc.) * Incentive and rewards programs (Ticket Compliments, Ticket Kadéos, etc.). The Group also supports public institutions in managing their social programs. Listed on the NYSE Euronext Paris stock exchange, Edenred operates in 40 countries, with nearly 6,000 employees, nearly 610,000 companies and public sector customers, 1.3 million affiliated merchants and 38 million beneficiaries. In 2012, total issue volume amounted to EUR16.7 billion, of which 61% was generated in emerging markets. Ticket Restaurant(r) and all other tradenames of Edenred programs and services are registered trademarks of Edenred SA. Contacts Media relations Anne-Sophie Sibout, Media Relations and Internal Communication Director - Phone: +33 (0)1 74 31 86 11 - firstname.lastname@example.org Domitille Pinta, Media Relations Manager - Phone: +33 (0)1 74 31 86 27 - email@example.com Astrid Montfort, Press Officer - Phone: + 33 (0) 74 31 87 42 - firstname.lastname@example.org Investor relations Virginie Monier, Financial Communication Director - Phone: + 33 (0)1 74 31 86 16 - email@example.com Aurélie Bozza, Investor Relations - Phone: + 33 (0)1 74 31 84 16 - firstname.lastname@example.org www.edenred.com The content and accuracy of news releases published on this site and/or distributed by PR Newswire or its partners are the sole responsibility of the originating company or organisation. Whilst every effort is made to ensure the accuracy of our services, such releases are not actively monitored or reviewed by PR Newswire or its partners and under no circumstances shall PR Newswire or its partners be liable for any loss or damage resulting from the use of such information. All information should be checked prior to publication. -0- Apr/26/2013 10:13 GMT
Edenred successfully refinances existing facilities
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