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| Name | Symbol | Market | Type |
|---|---|---|---|
| Vivendi SE (PK) | USOTC:VIVHY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.055 | -0.46% | 11.945 | 11.94 | 11.96 | 12.002 | 11.94 | 12.00 | 4,464 | 18:11:09 |
From Jul 2019 to Jul 2024
French media company Vivendi SA (VIV.FR) successfully completed the anticipated refinancing of two bank credit lines for a total amount of EUR2 billion, the company said Wednesday.
The two lines--a EUR1.5 billion Vivendi credit line maturing in December 2012 and a EUR492 million credit line for French mobile phone company SFR maturing in March 2012--have been replaced by a new five-year EUR1.1 billion credit line, which is replacing the two existing credit lines that are maturing within the next 12 months.
The transaction "enables the group to strengthen its financial structure thanks to the extension of its average debt maturity, which will be over four years on Dec. 31, 2011, and by pursuing its total external debt group consolidation policy at holding company level after the 44% acquisition of SFR, which was finalized in June 2011," the company said.
-By Gabriele Parussini, Dow Jones Newswires; +33 (0)1 4017 1739; gabriele.parussini@dowjones.com
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