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Fugro not to proceed with EUR 500 million senior secured notes offering at this time due to market conditions

Fugro has decided not to proceed with the planned offering of EUR 500 million senior secured notes (the “Offering”) at this time due to adverse market conditions.

28 Feb 2020   12:30 CET
Leidschendam, the Netherlands

As a result, the current EUR 575 million Revolving Credit Facility will remain in place and settlement of the repurchase of the Convertible Bonds due 2021 (the “Repurchase”) will not take place at this time. As previously announced on 19 and 20 February 2020, the entry into a new EUR 200 million Revolving Credit Facility and the Repurchase were subject to the completion of the Offering.


For more information


Serge van de Ven

+31 (0) 70 31 11129


Catrien van Buttingha Wichers

+31 (0) 70 31 15335


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