DJ Synlab Bondco PLC: SYNLAB to prepay term loan tranches due 2022 and 2024
Synlab Bondco PLC (IRSH)
Synlab Bondco PLC: SYNLAB to prepay term loan tranches due 2022 and 2024
05-Jan-2021 / 10:38 GMT/BST
Dissemination of a Regulatory Announcement that contains inside information
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
SYNLAB to prepay term loan tranches due 2022 and 2024
SYNLAB Bondco Plc ("SYNLAB") today announced that it intends to prepay all
outstanding borrowings under its senior facility agreement dated 12
September 2017 (as amended from time to time, the "2017 Term Loan B Facility
Agreement").
SYNLAB will use the proceeds of the previously announced sale of its
Analytics & Services unit to reduce its outstanding indebtedness by
prepaying all outstanding borrowings under the 2017 Term Loan B Facility
Agreement. The prepayment will include the full principal amounts of
SYNLAB's € 76.0M term loan B with a scheduled maturity in July 2022 and
its € 467.5M term loan B with a scheduled maturity in July 2024, plus
accrued and unpaid interest with respect to each loan. The payment is
expected to be made on 13 January 2021.
This announcement includes certain "forward-looking" statements.
Forward-looking statements include all statements that are not historical
facts and can be identified by the use of forward-looking terminology such
as the words "believes," "expects," "expected," "may," "will," "would,"
"should," "seeks," "pro forma," "anticipates," "intends," "plans,"
"estimates," "estimated," or the negative of any thereof or other variations
thereof or comparable terminology, or by discussions of strategy or
intentions. These statements are not guarantees of future actions or
performance and involve risks, uncertainties and assumptions as to future
events that may not prove to be accurate. Actual actions or results may
differ materially from what is expressed or forecasted in these
forward-looking statements. As a result, these statements speak only as of
the date they were made and Synlab undertakes no obligation to publicly
update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise.
This notice is being provided in accordance with Regulation (EU) No 596/2014
of 16 April 2014 on Market Abuse.
ISIN: XS1117292984, XS1117292802, XS1117293016, XS1117293289
Category Code: MSCM
TIDM: IRSH
LEI Code: 5493007KBBOGQWJ10272
OAM Categories: 2.2. Inside information
Sequence No.: 90850
EQS News ID: 1158536
End of Announcement EQS News Service
(END) Dow Jones Newswires
January 05, 2021 05:38 ET (10:38 GMT)
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