Press Releases

Press Releases

Press Releases

Datalogic signed a long-term facility agreement for an amount of 250 million Euro

Bologna, April 13th, 2017 – Datalogic S.p.A. (Borsa Italiana S.p.A.: DAL), a company listed in the STAR Segment of the Italian Stock Exchange managed by Borsa Italiana S.p.A. (“Datalogic”), a global leader in Automatic Data Capture and Industrial Automation markets, and global leader in the automatic data capture and process automation markets, specialized in the designing and production of bar code readers, mobile computers, sensors for detection, measurement and safety, RFID vision and laser marking systems, announced to have signed today an agreement for a new credit facility amounting to EUR/mln 250 expiring in 2023.

The new facility will be used in part for the repayment –prior to the original expiration date-of the existing credit facility and in part for the ordinary business and the development of Datalogic Group.

The facility bears a fixed rate allowing Datalogic to leverage the still favorable market window of interest rates and to fix the cost of borrowing of Datalogic Group for the next years. 

Mandated Lead Arrangers and Joint Bookrunners of the transaction are Banca IMI (Intesa Sanpaolo Group) and UniCredit; UniCredit is also Global Coordinator and Agent. The lenders are Banca Nazionale del Lavoro, BPER Banca, Intesa Sanpaolo, UBI Banca and UniCredit.

White & Case acted as legal advisors to Datalogic, while Legance adviced the lenders.

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