May 6, 2020 / 5:57 AM / 21 days ago

BRIEF-NH Hotels Signs 225 Mln Euro Syndicated Loan

May 6 (Reuters) - NH Hotel Group SA:

* SAID ON TUESDAY SIGNED 225 MILLION EURO SYNDICATED FINANCING AGREEMENT FOR 3 YEARS

* SAYS LOAN WILL ENABLE COMPANY TO FINANCE ITS OPERATIONAL NEEDS IN CURRENT GLOBAL ECONOMIC SCENARIO

* SAYS BBVA AND SANTANDER HAVE ACTED AS COORDINATORS OF THE OPERATION, IN WHICH BANKIA, BANKINTER AND ICO HAVE ALSO PARTICIPATED

* SAYS AGREEMENT FORESEES POSSIBILITY OF ADDITIONAL 25 MILLION EUROS, REACHING UP TO 250 MILLION EUROS THROUGH EVENTUAL INCORPORATION OF NEW BANKS

Source text for Eikon:

Further company coverage: (Gdansk Newsroom)

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