Lagardère announced today that it has successfully completed the refinancing of its financial debt. The effective acquisition of control of Lagardère SA by Vivendi SE in November 2023 led to the early repayment of a large part of Lagardère SA's financial debt (around 1.2 billion euros).

This repayment was financed by a loan granted by Vivendi SE to Lagardère SA on December 12, 2023, for a maximum aggregate amount of 1.9 billion euros, maturing on March 31, 2025.

In addition, a new 5-year revolving credit facility (RCF) of 700 million euros has been set up to replace the syndicated revolving credit facility maturing in April 2025.

This refinancing extends the maturity of the Group's financial debt and consolidates its financial structure on a long-term basis.

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