Norsk Hydro ASA has signed a USD 1,300 million short-term revolving multi-currency credit facility. The facility, which is available for general corporate purposes carries a 12- month maturity with two sixth-month extension options at Hydro's discretion. The entire amount is also available as a sub-facility swingline to cover short-term liquidity needs.BNP Paribas, Danske Bank and DNB acted as coordinating mandated lead arrangers and bookrunners on the transaction.In addition, CACIB and ING acted as Bookrunners; whilst Citibank, Goldman Sachs Bank, Handelsbanken, JP Morgan, Nordea Bank, and SEB participated in the transaction as Mandated Lead Arrangers.DNB will act as Facility Agent and Documentation Agent.
Norsk Hydro ASA has signed a USD 1,300 million short-term revolving multi-currency credit facility. The facility, which is available for general corporate purposes carries a 12- month maturity with two sixth-month extension options at Hydro's discretion. The entire amount is also available as a sub-facility swingline to cover short-term liquidity needs.BNP Paribas, Danske Bank and DNB acted as coordinating mandated lead arrangers and bookrunners on the transaction.In addition, CACIB and ING acted as Bookrunners; whilst Citibank, Goldman Sachs Bank, Handelsbanken, JP Morgan, Nordea Bank, and SEB participated in the transaction as Mandated Lead Arrangers.DNB will act as Facility Agent and Documentation Agent.
