VIENNA Dec 4 Austrian lighting group Zumtobel has refinanced a 300 million-euro ($326 million) syndicated loan ahead of its original October 2016 maturity date, it said on Friday.
Zumtobel said the loan was for five years with the possibility to extend by a further two, and the agreement contained a step-up clause raising the credit line by to 200 million euros.
18:52 Astros avoid arbitration with Dallas Keuchel, George Springer18
13:48 Wells Fargo Profit Falls 5.4% as Mortgage Revenue Declines23
12:02 Bank of America tops earnings forecast, predicts 'significant increase' in net interest income20
18:16 Houston Restaurant Weeks makes $2 million donation15