01-Mar-2006 11:39 AM
The Nuance Group Completes CHF 235 Million Term and Revolving Credit Facility
The Nuance Group has signed an agreement for a new CHF 235 million credit facility.
The new facility replaces the previous group financing and completes the process of financial restructuring of the group that has also included shareholder recapitalisation of CHF 50 million.
The Mandated Lead Arrangers for the new facility are Banca Intesa, Calyon, Capitalia and Unicredit Banca Mobiliare.
Roberto Graziani, President & CEO The Nuance Group, comments, “This will provide the correct financial platform for the company to operate its existing concessions and seize future opportunities as they arise.”
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