European Digital Group gets €265 million credit facilities

By Sara Rosenberg

New York, March 7 – European Digital Group priced €265 million of sustainability-linked senior credit facilities on Feb. 26, according to a market source.

The facilities consist of a €55 million revolver priced at Euribor plus 375 basis points and a €210 million term loan B priced at Euribor plus 475 bps, the source said.

BNP Paribas, Credit Agricole and LBP acted as the physical bookrunners on the deal and mandated lead arrangers with Allianz and CIC. Groupe BPCE is a joint lead arranger. Credit Agricole is the sustainability coordinator and agent.

Proceeds were used to support the acquisition of a controlling stake in the company by Latour Capital and Montefiore Investment, alongside management, which closed on March 5.

European Digital is a Paris-based digital native end-to-end services specialist.

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