Bredin Prat advises Fnac Darty on the extension of its Delayed Draw Term Loan (DDTL) in the context of its debt securities refinancing

Bredin Prat is advising Fnac Darty in connection with extending the maturity of its Delayed Draw Term Loan (DDTL), the available amount of which is now €100 million, from December 2026 to March 2028, with the addition of two extension options of one year each, to March 2029 and March 2030, which may be exercised at Fnac Darty’s request and subject to the approval of the lenders.

This transaction was carried out in the context of a new €550 million senior notes issue due April 2029 allowing the full refinancing of the Company’s existing notes.

The Bredin Prat team advising Fnac Darty comprised Samuel Pariente (partner) and Mathieu Arnault (counsel).