The facility replaces the company’s existing EUR 775m revolving credit facility signed in March 2010 and its EUR 1.45bn revolving credit facility signed in December 2004. The new facility has a tenor of five years and serves for general corporate purposes. BNP Paribas Merchant Banking, SEB, Mizuho Corporate Bank Ltd. and Nordea acted as coordinators for the arrangement and syndication of the facility.
The credit line was well received in the market and closed significantly oversubscribed. With 23 participating banks, both existing as well as new relationship banks, the credit line is well diversified.
May 11, 2011
Reporters who want more information, please contact Mårten Wikforss, +46 31 66 11 27 or +46 705 59 11 49