Heineken Renews €2 Billion Revolving Credit Facility
May 09
10:36
2011
Heineken has announced the successful closing of a new Revolving Credit Facility for an amount of Eur2b with a syndicate of 17 banks. The new multi-currency facility replaces Heineken’s existing Eur2b Revolving Credit Facility, which was scheduled to mature on April 22nd 2012. The new self-arranged credit line has a tenor of five years with two 1-year extension options and can be used for general corporate purposes, including acquisitions.
The facility was well-received and oversubscribed, underlining Heineken’s strong standing in the bank market and its high-quality credit profile.
