Action refinancing and Private Equity Capital Markets seminar
Action, 3i Group plc’s (“3i”) largest investment, has successfully syndicated and completed a €2.41 billion all-senior debt refinancing, comprising a €2.285 billion Term Loan B and a €125 million Revolving Credit Facility. Proceeds from the refinancing were used to refinance existing debt and finance a distribution to shareholders. 3i expects to receive cash of c.€321 million from Action by 31 March 2018.
3i will be holding a Private Equity Capital Markets Seminar today, involving a presentation from the management team of Action. No material new information or update on current trading will be provided during the Seminar.
Presentation materials will be made available on 3i’s website (www.3i.com).
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For further information, contact:
3i Group plc
|Silvia Santoro||Tel: +44 20 7975 3258|
|Investor enquiries||Email: firstname.lastname@example.org|
|Kathryn van der Kroft||Tel: +44 20 7975 3021|
|Media enquiries||Email: email@example.com|
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About 3i Group
3i is a leading international investment manager focused on mid-market private equity and infrastructure. Its core investment markets are northern Europe and North America. For further information, please visit: www.3i.com.