eir announces intention to amend existing Senior Loan Facilities
(Issued Tuesday, 26th July 2016) eir has today announced plans to make certain amendments to its existing Senior Loan Facilities. As part of the amendment package, eir will look to increase certain operational flexibility by aligning current terms and covenants in the Senior Loan Facilities to those of comparable market precedents and its bond documentation. An investor call for lenders under the existing Senior Loan Facilities is scheduled for 3:30 p.m. (London time) on Tuesday 26th July 2016 with responses on eir's request to amend the Senior Loan Facilities due by Wednesday 10th August 2016. The proposed amendments to the Senior Loan Facilities will be subject to the approval of the requisite lenders thereunder.
ENDS
For media queries, please contact:
Paul Bradley
Director of Corporate Affairs
eir
Tel: +353 1 600 4281
Mobile: +353 85 174 4281
Chris Barrie Niamh Boyle
Citigate Dewe Rogerson The Reputations Agency
Executive Director Managing Director
Tel: +44 20 7638 9571 Tel: +353 1 661 8915
Mob: +44 7968 727 289 Mob: +353 87 248 1476
Chris.barrie@citigatedr.co.uk Niamh@thereputationsagency.ie
For investor relations queries, please contact:
Michelle Bennett
eir
Head of Investor Relations,
Mob: 085 174 5699
For more information on today's announcement, please visit our Investor Relations site:
https://www.eir.ie/investorrelations/
26 July 2016