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Samsonite Group S.A. Capital/Financing Update 2020
50259_rns_2020-05-07_021aacf9-2f4d-4bcb-8816-53a770c39d18.pdf
Capital/Financing Update
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
SAMSONITE INTERNATIONAL S.A.
新秀麗國際有限公司
13-15 Avenue de la Liberté, L-1931 Luxembourg
R.C.S. LUXEMBOURG: B 159.469
(Incorporated in Luxembourg with limited liability)
(Stock code: 1910)
CLOSING ON THE 2020 INCREMENTAL TERM LOAN B FACILITY
Samsonite International S.A. (the “Company”) refers to the announcement dated May 3, 2020 (the “Announcement”) in relation to, among other things, the completion of syndication and allocation of the Company’s 2020 Incremental Term Loan B Facility. Unless otherwise specified, capitalized terms used in this announcement shall have the same meanings as those defined in the Announcement.
The Board is pleased to announce that, on May 7, 2020 (New York time), all the closing conditions under the 2020 Incremental Term Loan B Facility have been fulfilled and the closing on the 2020 Incremental Term Loan B Facility occurred. The entirety of the aggregate principal amount of US$600.0 million was drawn down under the 2020 Incremental Term Loan B Facility on the Closing Date, and will be applied (i) to pay certain fees and expenses in connection thereto, (ii) for general corporate purposes, and (iii) to finance any ordinary course working capital needs.
By Order of the Board
SAMSONITE INTERNATIONAL S.A.
Timothy Charles Parker
Chairman
Hong Kong, May 7, 2020
As of the date of this announcement, the Executive Director is Kyle Francis Gendreau, the Non-Executive Directors are Timothy Charles Parker and Tom Korbas and the Independent Non-Executive Directors are Paul Kenneth Etchells, Jerome Squire Griffith, Keith Hamill, Bruce Hardy McLain (Hardy) and Ying Yeh.