EQS-News: Travelex Issuerco 2 Plc: Refinancing of current senior facilities agreement

EQS-News: Travelex Issuerco 2 Plc / Key word(s): Miscellaneous
   Travelex Issuerco 2 Plc: Refinancing of current senior facilities
   agreement

   12.09.2023 / 06:30 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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   Travelex Issuerco 2 Plc

   Refinancing of existing senior facilities agreement

   Travelex Issuerco 2 Plc

   11 September 2023

    

   Travelex Issuerco 2 Plc ("Travelex" or the "Company")

   11 September 2023

    

   Travelex announces refinancing of existing senior facilities agreement

   Travelex is pleased to announce a proposed refinancing of its existing
   senior facilities agreement (the "Existing SFA") (the "Refinancing") and
   that it will shortly be launching the relevant consent solicitation
   processes to seek the relevant consents required in connection with the
   Refinancing.

   The Refinancing will involve Travelex entering into a new senior facility
   agreement (the "New SFA"). The New SFA will raise £90 million, which is to
   be used for purposes including the repayment and cancellation in full of
   all amounts outstanding under the Existing SFA and for general corporate
   purposes. Certain funds raised under the New SFA may also be utilised for
   a buyback of the new money notes issued by the Company and the ordinary
   shares of Travelex International Limited which are stapled to such new
   money notes.

    

    

   Enquiries:

   Travelex

   For investor related queries:

   Victoria.Benis-Lonsdale@travelex.com

    

   For other enquiries:

   Press@travelex.com

    

   -END-

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   12.09.2023 CET/CEST This Corporate News was distributed by EQS Group AG.
   www.eqs.com

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   Language:    English
   Company:     Travelex Issuerco 2 Plc
                8 Sackville Street
                W1S 3DG London
                United Kingdom
   Phone:       +44(0)7584336458
   E-mail:      Victoria.benis-lonsdale@travelex.com
   Internet:    https://www.travelex-corporate.com/
   ISIN:        XS2248458049, XS2248456936
   WKN:         A284QJ
   Listed:      Vienna Stock Exchange
   EQS News ID: 1723543


    
   End of News EQS News Service


   1723543  12.09.2023 CET/CEST

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