Zenith Automotive Holdings Limited (together with its subsidiaries, the “Zenith Group”) has announced that Zenith Finco Plc, its wholly-owned subsidiary, has closed its inaugural offering of £475,000,000 green senior secured fixed rate notes due 2027 (the “Notes” or the “Offering”). In addition, Zenith Group has entered into a new £65.0 million revolving credit facility to replace its existing credit facility. The proceeds from the transaction repaid in full the existing term facilities, and the remaining amounts will be used for general corporate purposes and to pay fees and expenses in…
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