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Article: TLC BEATRICE INTERNATIONAL CONCLUDES LOAN AGREEMENT WITH INTERNATIONAL BANK GROUP
- Article from:
- PR Newswire
- Article date:
- October 24, 1994
CopyrightCOPYRIGHT 1994 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, Oct. 24 /PRNewswire/ -- TLC Beatrice International Holdings, Inc. today announced that it has concluded an agreement to refinance its 875 million French franc (approximately $170 million) maturing bank facility with a new 545 million French franc (approximately $107 million) seven-year term loan provided by an international bank group led by Banque Paribas, the French merchant bank. The other members of the bank group are Credit National, Banque Worms, Union Bank of Switzerland, CIC/BUE (CIC et de L'Union Europeene), Banque Nationale de Paris, CCF (Credit Commercial de France), and DNI (De Nationale Investeringsbank).
Paribas also arranged for the refinancing of ...