Safilo Group closes significant €400m refinancing agreement
27 Jun '06
2 min read
“The increase in size of the revolving facility from €50 to €200 million is furthermore clear recognition of the renewed financial stability of Safilo Group. After years of hard work the strength of Safilo Group is now back in place and well testified through its ability to obtain its new financing at the best market conditions.”
The banks which coordinated the facility are Banca Intesa SpA, Banca IMI SpA, and Unicredit Banca Mobiliare SpA, all acting as Mandated Lead Arrangers and Book runners. Bayerische Hypo-und Vereinsbank AG, Cassa di Risparmio di Padova e Rovigo SpA and Intesa SpA acted as Underwriters.
The Safilo Group is leader in premium eyewear and in a leadership position in the sector of prescription, sunglasses, fashion and sports eyewear.