Cordiant signs agreement for EUR200 million Eurobonds

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Cordiant Digital Infrastructure Limited has announced the signing of a EUR200 million (US$209.07 million) Eurobond facility (Eurobonds). The Facility provides capital to finance new acquisitions from the Company’s investment pipeline and fund growth capital expenditure within Cordiant’s existing portfolio of operating companies.

The Facility has been established through a private placement with an international syndicate comprising funds managed and/or advised by Schroders Capital, UBS Asset Management and Allianz Global Investors, as well as a specialist infrastructure bank Kommunalkredit Austria AG.

The Facility has an initial maturity date of September 30, 2026, with an extension option of up to 3 years (subject to the approval of Bondholders) and will be issued in both fixed and floating interest rate tranches. The Eurobonds will be issued by Cordiant Digital Holdings Two Limited. Cordiant was advised by Allen & Overy LLP (legal), while the Bondholders were advised by Clifford Chance LLP.

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