CRITEO S.A. (NASDAQ:CRTO) Files An 8-K Entry into a Material Definitive Agreement
ITEM 1.01
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Entry into a Material Definitive Agreement
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Criteo Finance S.A.S. and Criteo Corp. (together, the Additional
Borrowers) entered into an Amendment and Restatement Agreement
(the Amendment) amending and restating the Multicurrency
Revolving Facility Agreement (the Facility Agreement) originally
dated September 24, 2015, as amended on June 20, 2016, with BNP
Paribas, Crdit Lyonnais (LCL), HSBC France, Natixis and Socit
Gnrale Corporate Investment Banking as arrangers, Natixis as
coordinator and documentation agent, Crdit Lyonnais (LCL) as
agent, and the financial institutions listed therein as lenders.
The Amendment, among other things, (i) increased the maximum
principal amount available under the Facility Agreement by 100
million to 350 million, (ii) added each of the Additional
Borrowers as borrowers under the Agreement, (iii) extended the
maturity date of the facility to March 29, 2022, subject to two
additional one-year extension options, and (iv) increased the
maximum permissible leverage ratio to 3.0:1 from 2.5:1.
and qualified in its entirety by reference to the Amendment that
is filed as Exhibit 4.1 to this report and incorporated herein by
reference.
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ITEM 2.03
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Creation of a Direct Financial Obligation under an
Off-Balance Sheet Arrangement of a Registrant |
incorporated herein by reference.
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ITEM 9.01
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Financial Statements and Exhibits
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(d)
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Exhibits
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Exhibit
Number
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Description
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4.1
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Amendment and Restatement Agreement, dated as of March
29, 2017, by and among Criteo S.A., Criteo Finance S.A.S. and Criteo Corp., as borrowers, BNP Paribas, Crdit Lyonnais (LCL), HSBC France, Natixis and Socit Gnrale Corporate Investment Banking as arrangers, Natixis as coordinator and documentation agent, Crdit Lyonnais (LCL) as agent, and the financial institutions listed therein as lenders. |
About CRITEO S.A. (NASDAQ:CRTO)
Criteo SA is a France-based company specializing in digital performance marketing. Its solution consists of the Criteo Engine, the Company’s data assets, access to inventory, and its advertiser and publisher platforms. The Criteo Engine consists of various machine learning algorithms, such as prediction, recommendation, bidding and creative algorithms and the global hardware and software infrastructure. The Criteo Engine delivers advertisements through multiple marketing channels and formats, including display advertising banners, native advertising banners and marketing messages delivered to opt-in e-mail addresses. Advertisements are delivered on all devices and screens, including Web browsers on desktops and laptops, mobile Web browsers on smartphones and tablets, as well as mobile applications. It operates in approximately 90 countries through a network of over 30 international offices located in Europe, the Americas and the Asia-Pacific region. It operates through HookLogic Inc. CRITEO S.A. (NASDAQ:CRTO) Recent Trading Information
CRITEO S.A. (NASDAQ:CRTO) closed its last trading session up +0.88 at 50.65 with 369,162 shares trading hands.
