BRIEF-Datatec Says Replacement Facility Of $280 Million Has Been Agreed

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BRIEF-Datatec Says Replacement Facility Of $280 Million Has Been Agreed
Credit: © Reuters.

June 5 (Reuters) - Datatec Ltd DTCJ.J :

* REPLACEMENT FACILITY OF $280 MILLION HAS NOW BEEN AGREED WITH EXISTING AND NEW BANKS IN A SYNDICATE LED BY HSBC

* NEW COMMITTED FACILITY WILL EXPIRE ON 4 JUNE 2020 AND IS CONSIDERED ADEQUATE FOR WESTCON EUROPE'S CURRENT WORKING CAPITAL NEEDS

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