DNEG intends to use the net proceeds of the offering, (a) to repay amounts outstanding under its existing term loan facility, its existing revolving loan facility and its Indian financing facilities, (b) to extend a loan to its parent group of companies, (c) to pay related transaction fees and expense, and (d) for general corporate purposes. There can be no assurance that the private offering of Notes will be completed
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content