What's News

Outokumpu inks a EUR 400 million revolving credit facility

Time:[4/6/2012]   Hits:2905
Outokumpu has signed a EUR 400 million committed multicurrency revolving credit facility to cover working capital needs. The credit facility will become available following the completion of the Inoxum transaction. The maturity of this credit facility is in June 2013 and includes a financial covenant based on gearing.

The banks in this loan syndicate are Nordea, JP Morgan Limited, SEB, Danske Bank A/S, Pohjola Bank plc, Handelsbanken, BNP Paribas and Crédit Agricole Corporate and Investment Bank.