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Groupe Pierre & Vacances-Center Parcs: Third-Quarter Affected by Lower Activity Due to the Covid-19 Crisis 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.
Pierre et Vacances: Release of the First Tranche of the New Financing for an Amount of EUR 175 Million 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: ....
Pierre & Vacances-Center Parcs: First Half 2020/2021 Revenue Regulatory News: 1] First half 2020/2021 revenue Under IFRS accounting rules, H1 2020/2021 revenue totalled €244.5 million (€158.0 million for the tourism activities and €86.5 million for the property development activities). The Group nevertheless continues to comment on its revenue and the associated financial indicators, in compliance with its operating reporting namely: - - excluding the impact of IFRS16 application Moreover, the operating and legal reorganisation implemented since 1 February 2021 resulting in the regrouping of each of the Group s activities into distinct and autonomous Business Lines, has led to a change in sectoral information in application of IFRS8. The main consequence for communication of the Group s revenue is the presentation of the contribution from the Adagio operating segment. The segment includes the contribution of sites leased by the PVCP Group ....
Pierre & Vacances-Center Parcs Group Information Regulatory News: The ongoing pandemic and the ensuing restrictive measures it requires have continued since almost one year to take a heavy toll on the activities of the Pierre Vacances-Center Parcs Group (Paris:VAC), like all players in the tourism industry. More specifically, with ski-lifts remaining closed in France as well as access banned to waterparks, restaurants and indoor sports and leisure activities, virtually all of the Pierre Vacances Residences and Center Parcs Domains have been obliged to close. Given the lack of visibility on a way out of the crisis, there is no current way of predicting a timeframe for the reopening of the Residences and Domains. ....