Brantano successfully concludes € 80 million loan

The Brantano Group successfully concluded a syndicated loan of € 80 million last week. The members of the bankers’ consortium are the Brantano Group’s existing bankers. The subscriptions amply exceeded € 80 million. The syndicated loan has a duration of 5 years. The distribution centre in the United Kingdom was sold on 23 December, once again within the context of reinforcing the balance sheet structure. The sale price is £ 8.785 million and the distribution centre is being leased back subject to normal market conditions.

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