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Nexans renews a revolving credit facility worth 600 million euros

Started by Dakshesh Maalolan, December 21, 2015, 10:29:59 AM

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Dakshesh Maalolan



Nexans renews a revolving credit facility worth 600 million euros

On December 14th 2015, Nexans signed a € 600 million Revolving Credit Facility with 11 of its core banks for a period of five years, thereby extending the tenor of the Group's access to liquidity until 2020.

This new facility cancels and supersedes the € 596 million Revolving Credit Facility signed by the Group in 2011 that would have expired in December 2016.

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