TomTom renews its banking facilities
Amsterdam, 22 December 2014 – TomTom (TOM2) today announced it has signed a new facility agreement for a €250 million revolving credit facility (the "Facility").
The Facility has a maturity date of 31 March 2018 and includes two additional one year extension options. The Facility will replace the Company's existing term and revolving credit facilities.
The new syndicate of banks consists of ABN AMRO Bank NV, HSBC Bank plc, ING Bank NV and The Royal Bank of Scotland plc as Bookrunning Mandated Lead Arrangers and Barclays Bank, Bayerische Landesbank and Rabobank as Mandated Lead Arrangers. ING Bank NV acted as Coordinator and ABN AMRO Bank NV as Agent in respect of this new facility.