gategroup Successfully Upsizes and Reprices Term Loan B, Strengthening Financial Flexibility and Reducing Funding Costs

gategroup Holding AG (“gategroup”) is pleased to announce the successful upsizing and repricing of its Term Loan B facilities. The company increased its euro denominated facility through a fully fungible add-on of EUR 215 million and its U.S. dollar denominated facility by USD 75 million, further strengthening the liquidity position and enhancing financial flexibility to support long-term growth. The transaction was met with strong investor demand resulting in a margin reduction of 75 basis points to 350 b ...