Rémy Cointreau strengthens its financial flexibility to support the implementation of its long-term growth strategy

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PARIS–(COMMERCIAL THREAD) – Regulatory news:

As part of the continuous optimization of its financial structure, Rémy Cointreau SA (hereinafter “Rémy Cointreau”) (Paris: RCO) announces today that it has taken out a loan of 80 million euros from Crédit Agricole d ‘ Ile-de-France.

The loan bears interest at a fixed rate of 0.60% per year and has a maturity of seven years, in accordance with the Group’s desire to back its long-term assets with appropriate financial resources. Rémy Cointreau thus extends the maturity of its debt and continues to gradually reduce its average cost of financing.

This new financing, taken out on favorable terms, reflects the quality and financial strength of Rémy Cointreau (rated Baa3 by Moody’s). It enables the Group to strengthen the structure of its balance sheet by offering it greater flexibility in the implementation of its long-term growth strategy.

About Rémy Cointreau

All over the world there are customers looking for exceptional experiences; customers for whom a wide range of terroirs means a variety of flavors. Their exacting standards are commensurate with our expertise – the finely honed skills that we pass on from generation to generation. The time that these customers devote to drinking our products is a tribute to all those who worked on their development. It is for these men and women that Rémy Cointreau, a French family group, protects its terroirs, cultivates exceptional centuries-old spirits and is committed to preserving their eternal modernity. The Group’s portfolio includes 14 unique brands, such as Rémy Martin and Louis XIII cognacs, and Cointreau liqueur. Rémy Cointreau has only one ambition: to become the world leader in exceptional spirits. To do this, it relies on the commitment and creativity of its 1,850 employees and on its distribution subsidiaries located in the Group’s strategic markets. Rémy Cointreau is listed on Euronext Paris.


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