Ramirent Plc has entered into a EUR 500 million Intercompany Term Loan Facility Agreement with Loxam S.A.S., under which Loxam makes available to Ramirent a term loan facility of up to EUR 500 million to be used to re-finance Ramirent‘s existing indebtedness. The maturity of the term loan facility is eight years. Loxam has acquired through a public tender offer more than 90% of all the issued and outstanding shares and votes in Ramirent. Therefore, signing of the Intercompany Term Loan Facility Agreement is considered a transaction between the company and a closely-related party.