secwatch.observer — SEC 8-K summary
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Issuer:     Criteo S.A. (CRTO)
CIK:        0001576427
Form:       8-K
Filed at:   2022-09-28T23:59:59+00:00
Accession:  0001576427-22-000084
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 1.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Criteo enters new €407M revolving credit facility, replacing €294M prior facility
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- New €407M ($394M) multicurrency revolving loan facility signed Sept 27, 2022, maturing Sept 27, 2027 with two 364-day extension options.
- Replaces existing €294M ($285M) facility from 2015, which was terminated same day.
- Facility available for general corporate purposes including acquisitions; interest based on EURIBOR or SOFR plus margin tied to leverage ratio.
- Maintains leverage covenant: Consolidated Total Net Debt to Adjusted Consolidated EBITDA not to exceed 3:1.
- Sustainability-linked adjustment mechanics included; BNP, LCL, HSBC, Société Générale as bookrunners.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1576427/000157642722000084/0001576427-22-000084-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1576427/000157642722000084/crto-20220927.htm
  HTML page:      https://secwatch.observer/filing/0001576427-22-000084

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer