Loan & DebtJul 31, 2026, 04:14 PM
Criteo Amends Credit Facility, Requests 364-Day Extension
AI Summary
Criteo S.A. entered into an amendment to its Multicurrency Revolving Facility Agreement to facilitate its planned corporate redomiciliation from France to Luxembourg and potentially to the United States. The amendment specifies that Criteo S.A. will cease to be a borrower upon its Luxembourg redomiciliation, while remaining a guarantor, and a future U.S. entity will have the option to accede as a borrower. Concurrently, the company requested a 364-day extension of the facility's termination date and made administrative updates to certain definitions within the agreement.
Key Highlights
- Criteo S.A. amended its Multicurrency Revolving Facility Agreement on July 29, 2026.
- Criteo S.A. will cease to be a borrower upon redomiciliation to Luxembourg, remaining a guarantor.
- A potential U.S. Criteo will have the option to accede as a borrower after redomiciliation to the U.S.
- Credit Agreement provisions were modified to reflect changes in jurisdiction from France to Luxembourg and then to the U.S.
- The timeline for the first extension option under the Credit Agreement was brought forward.
- Criteo requested a 364-day extension of the facility's Termination Date.
- Definitions for "Adjusted Consolidated EBITDA" and "Women in Tech" were updated.
Price Impact
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