Metso signs Euro 500 million revolving credit facility
Metso Corporation has signed a new Euro 500 million multi-currency revolving credit facility with a syndicate of 10 relationship banks. The new facility is a refinancing of the Group's existing Euro 500 million facility and will be used for general corporate purposes.
ByLesprom Network
Jun 12, 2014. /Lesprom Network/. Metso Corporation has signed a new Euro 500 million multi-currency
revolving credit facility with a syndicate of 10 relationship banks. The new
facility is a refinancing of the Group's existing Euro 500 million facility and
will be used for general corporate purposes. The facility has a tenor of 5
years, with two 1-year extension options dependent on the approval of the banks
concerned, as the company said in the press release received by Lesprom Network.
Commerzbank, Danske Bank and Nordea Bank acted as Coordinating Mandated
Lead Arrangers and Bookrunners. The Mandated Lead Arrangers were BNP Paribas,
Citigroup, Commerzbank, Danske Bank, HSBC Bank, Nordea Bank, Pohjola Bank and
Standard Chartered Bank. Lead Arrangers were Banco Bilbao Vizcaya Argentaria
and Svenska Handelsbanken
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