Share

Saras obtains a 265 million bank loan

The loan was organized by Unicredit and is aimed at refinancing existing debt and supporting general corporate needs.

Saras obtains a 265 million bank loan
Saras signed a medium-long term bank loan agreement for a total amount of 265 million euro.

The financing – reads a note from group of the Moratti family – aims to refinance existing debt and to support general corporate needs, and will be repaid according to a pre-established repayment plan, with final maturity on December 10, 2020.

Funding was arranged by Unicredit as Global coordinator, bookrunner & mandated lead arranger and agent bank, and has been subscribed by a pool of Italian and international banks.

comments