Bologna, 26th June 2013 – 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”) and global leader in the automatic data capture and industrial automation markets and producer of bar code readers, data collection mobile computers, sensors, vision systems and laser marking systems, reports that it obtained 25th June 2013 a medium-term bank pool loan worth 110 million Euro.
The loan has a duration of five years, with the covenants broadly in line with those of similar loans taken out by the Datalogic Group, and enables the company to lengthen the average duration of its medium-term debt from just under two years to more than three years. The new funding agreement will also give the Datalogic Group the financial resources and operational flexibility necessary to pursue its growth plan targets, also through possible acquisitions of small and medium-sized companies.
The Mandated Lead Arrangers and financing banks for the transaction are Banca Nazionale del Lavoro – BNP Paribas Group, Commerzbank, Mediobanca, Natixis, Unicredit, financing bank Banca Popolare dell’Emilia Romagna, while the Italian branch of BNP Paribas will act as agent bank.
The Chairman and CEO of the Datalogic Group, Romano Volta, commented: “We are very pleased with the agreement concluded with the pool of banks. The size of the financial resources made available to Datalogic confirms the credibility it boasts on the market and within the financial sector”.
