News Release from Siemens Gamesa Renewable Energy
Wind Industry Profile of
05/31/2018
Siemens Gamesa secures €2.5 billion multi-currency term and revolving credit facility
Siemens Gamesa Renewable Energy has signed a €2.5 billion multi-currency term and revolving credit facility, enhancing its long-term financial structure.
The facility was signed with a syndication of international financial entities and replaces the company’s €750 million credit facility signed in 2017 and will serve for general corporate purposes and to refinance existing outstanding debt.
The financing comprises a €2 billion revolving facility –maturing in 2023 with two one-year extension options- and €500 million term facility –maturing in 2021.
The transaction has been very successful, having attracted close to €3.8 billion subscription offers from financial entities.
- Source:
- Siemens Gamesa
- Author:
- Press Office
- Link:
- www.siemensgamesa.com/...
- Keywords:
- Siemens Gamesa, transaction, money, credit facility
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