Metso signs Euro 500 million revolver
Dec 15, 2006. Metso Corporation has signed a Euro 500 million revolving 5-year loan facility with a syndicate of 14 banks.
Dec 15, 2006. /Lesprom Network/. Metso Corporation has signed a Euro 500 million revolving 5-year loan facility with a syndicate of 14 banks. It replaces an originally Euro 450 million facility of June 2003, which is currently not drawn. The new facility is primarily to support Metso's short-term funding.
Mandated Lead Arrangers for the loan were Citibank, Commerzbank, Nordea and SEB Merchant Banking.
Metso is a global engineering and technology corporation with 2005 net sales of approximately Euro 4.2 billion. Its 22 000 employees in more than 50 countries serve customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries.