ARCADIS NV June 17, 2014 - ARCADIS (EURONEXT: ARCAD), the leading global natural and built asset design and consultancy firm, announced today that it has completed the refinancing of $40 million debt maturing in June 2014 and $75 million debt originally scheduled to mature in January 2015 through a syndicate of existing relationship banks.
Both tranches have now been refinanced, capitalizing on attractive loan market conditions with a new maturity date for this $115 million term loan in June 2019. Further financial details were not provided.
"The timing is right for refinancing at good rates, so we have taken the opportunity to do so while at the same time extending the maturity profile of our debt," said Renier Vree, CFO for ARCADIS.
For more information please contact Joost Slooten at +31 (0) 20 2011083, or outside office hours at +31 (0) 6 27061880 or joost.slooten@arcadis.com
About ARCADIS: ARCADIS is the leading global natural and built asset design and consultancy firm working in partnership with our clients to deliver exceptional and sustainable outcomes through the application of design, consultancy, engineering, project and management services. ARCADIS differentiates through its talented and passionate people and its unique combination of capabilities covering the whole asset life cycle, its deep market sector insights and its ability to integrate health & safety and sustainability into the design and delivery of solutions across the globe. We are 22,000 people that generate €2.5 billion in revenues. We support UN-Habitat with knowledge and expertise to improve the quality of life in rapidly growing cities around the world. Please visit: www.arcadis.com:
http://www.arcadis.com/
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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: ARCADIS N.V. via Globenewswire
