Vattenfall AB has today signed a new 5-year multi-currency revolving credit facility for 2.55 billion EUR.
The facility is for general corporate purposes. If drawn, the new facility will pay a margin of 40 basis points over the relevant interbank rate.
A total of 20 banks participated in the credit facility and going forward they will comprise Vattenfall’s core relationship bank group. The facility was self-arranged by Vattenfall, and launched on 3 January.
Vattenfall’s Group Treasurer Johan Gyllenhoff comments: "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 increases Vattenfall’s financial flexibility."
The following banks participated in the facility (alphabetical order):
|Mandated Lead Arranger and Bookrunner:
||Mandated Lead Arranger:
|Bank of America Merrill Lynch
Deutsche Bank AG, London Branch
Goldman Sachs Bank USA
ING Bank N.V.
J.P. Morgan plc
Skandinaviska Enskilda Banken AB (publ)
Société Générale Corporate & Investment Banking
The Royal Bank of Scotland plc
HSBC Trinkaus & Burkhardt AG
Société Générale Corporate & Investment Banking acted as Coordinator and Documentation Agent.
Vattenfall discloses the information provided herein pursuant to the Swedish Securities Market Act.
For further information, please contact:
Johan Gyllenhoff, Group Treasurer, Vattenfall AB
Phone: +46 (0)8 739 6513, e-mail: firstname.lastname@example.org
Klaus Aurich, Head of Investor relations, Vattenfall AB
Phone: +46 (0)8739 6514, e-mail: email@example.com
From Vattenfall’s Press Office, telephone: +46 8 739 50 10, firstname.lastname@example.org
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