The new facility matures on 10 December 2019 and has two one-year extension options. The facility is for general corporate purposes.
A total of 15 banks participated in the new credit facility. Going forward they will comprise Vattenfall's core relationship bank group. The facility was self-arranged by Vattenfall.
- We are very pleased with the terms of the new credit facility and the confidence that our banks have shown us. The facility is part of our liquidity back-up and ensures Vattenfall's financial flexibility, Johan Gyllenhoff, Vattenfall's Group Treasurer commented.
The following banks participated in the facility (alphabetical order):
Mandated Lead Arranger and Bookrunner:
Barclays Bank PLC
Citibank N.A., London Branch
Deutsche Bank Luxembourg S.A.
ING Bank N.V.
J.P. Morgan Limited
Landesbank Hessen-Thüringen Girozentrale
The Royal Bank of Scotland plc
Société Générale Corporate & Investment Banking acted as Coordinator and Documentation Agent.
Vattenfall discloses this information pursuant to the Swedish Securities Market Act.
For further information, please contact:
Johan Gyllenhoff, Group Treasurer, +46 (0)8 739 6513, [email protected]
Klaus Aurich, Head of Investor relations, +46 (0)8 739 6514, [email protected]
From Vattenfall's Press Office, telephone: +46 8 739 50 10, [email protected].