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Prosegur Compania de Seguridad SA through subsidiary acquires Chubb Security Services Pty Limited


Monday, 16 Dec 2013 02:29am EST 

Prosegur Compania de Seguridad SA:Says on Dec. 16, through its subsidiary Prosegur Australia Investments Pty Limited, it acquired a 100 percent stake in Chubb Security Services Pty Limited.Says the total investment value is A$145 million (95 million euro), including the debt of the acquired company.Says in order to partially finance the acquisition Prosegur Australia Investments Pty Limited formalized a syndicated loan agreement with local financial institutions in the amount of A$70 million (46 million euros).Says the loan has an interest rate linked to the Australian index BBSY, which is 2.6383 pct plus a fixed margin of 165 basis points.Says the company is a guarantor of the loan. 

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