Refinancing of the debt of Vignal Lighting Group

On the occasion of the acquisition of the business carried by the swiss Group C.E.A., Vignal Lighting Group proceeded to a complete refinancing of its existing senior debt as well as a refinancing of its quasi equity instruments held by its shareholders through the subscription of a new bank loan arranged and underwritten by Bank of Ireland, BNP Paribas, LCL et Société Générale. Founded in 1918 and today european leader, Vignal Lighting Group VLG is specialized in designing, manufacturing and marketing of wide range of products and systems of lighting and signalling for industrial and commercial vehicles. With a consolidated pro forma revenues of over € 90m, VLG results from the combination in 2014 of Vignal Systems, European leader in signalling products and systems, and ABL Lights, 2nd player in Europe and in the United States on the work lamps market for off road vehicles (construction, mining, agricultural, forestry in particular), with offices in France, USA and China. Through the acquisition of C.E.A., the group continues its international expansion and diversification in terms of products and industries by enriching its offer in the beacons.