Valmet Oyj has signed a new Euro 200 million syndicated revolving credit facility agreement. The new facility matures on January 14, 2022 with two 1-year extension options dependent on the approval of the banks concerned. The new facility refinances an existing Euro 200 million credit facility and will be used for general corporate purposes, as the company says in the press release received by Lesprom Network.
The Mandated Lead Arrangers and Bookrunners of the credit facility are Bank of America Merrill Lynch International Limited, Citibank N.A. London Branch, Crédit Agricole Corporate and Investment Bank Helsinki Branch, Danske Bank A/S, Helsinki Branch, Nordea Bank Finland PLC, OP Corporate Bank plc, Skandinaviska Enskilda Banken AB (publ) and Standard Chartered Bank.
Valmet is the leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries.
