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Press release Pierre & Vacances-Center Parcs Group September 8th 2021 finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
(2) Regulatory News: Pierre et Vacances S.A. (Paris:VAC) announces that it has accepted today a binding financing offer from some of its existing banking partners, EuroPP 2022 and 2025 holders, and Ornane holders (the Financial New Money Financing ), following a competitive process open to third party lenders. This financing will mainly be used to meet the Group s short-term needs in relation to its activities and operational constraints pending the completion of an equity strengthening transaction ( opération de renforcement des fonds propres The main terms and conditions of the New Money Financing are detailed below. The New Money Financing will consist of the following two successive tranches: ....