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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Sadif Analytics Prime

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Olympique Lyonnais Groupe SA Updates on Financing for Stade Des Lumieres

Monday, 1 Jul 2013 02:35pm EDT 

Olympique Lyonnais Groupe SA announced that discussions are moving forward on the financing for the new stadium project, to be borne by Fonciere du Montout, a wholly-owned subsidiary of the Company. The project is to be structured as follows: an equity investment of EUR 135 million, a bond issue of around EUR 112 million, total financial debt in the region of EUR 145.5 million and guaranteed revenue during the construction phase of around EUR 12.5 million. 

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