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LBi International N.V.

LBi International N.V.

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Publicatie datum 16 sep 2011 - 12:36
Statutaire naam LBi International N.V.
Titel LBi agrees upon new credit facilities with ABN AMRO
Bericht Amsterdam (the Netherlands) 16 September 2011 - LBi International N.V. (NYSE Euronext symbol: LBI), Europe’s largest marketing and technology agency, has signed a term sheet with ABN AMRO regarding new and extended credit facilities totalling EUR 70 million as well as an International Cash Management Solution. These new facilities will replace the existing credit lines with Danske Bank. LBi is advised by Orchard Finance on the refinancing of its credit facilities and anticipates closing of the agreement within several weeks.