Free press releases distribution network?

More news: Energy
Agency / Source: Vestas Wind Systems A/S

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Vestas Wind Systems A/S Announces the Signing and Completion of New Five-year Revolving Credit Facility of EUR 1bn - Vestas confirms signing and completion of its new five-year revolving credit facility at a total amount of EUR 1bn - Vestas.com
Vestas Wind Systems A/S Announces the Signing and Completion of New Five-year Revolving Credit Facility of EUR 1bn

 

PRZOOM - /newswire/ - Aarhus N, Denmark, 2014/03/31 - Vestas confirms signing and completion of its new five-year revolving credit facility at a total amount of EUR 1bn - Vestas.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

With reference to company announcement No. 3/2014 of 3 February 2014, Vestas hereby confirms signing and completion of its new five-year revolving credit facility on 31 March 2014 at a total amount of EUR 1bn. The facility has been successfully increased from the originally agreed total of EUR 850m and is now arranged by a group of six banks comprising of Nordea, DNB, HSBC, SEB, Société Générale and UniCredit.

Key commercial terms of the facility
Vestas confirms that the credit facility has been raised on attractive terms that reflect the improved credit profile of Vestas and will provide a stable, long-term financing platform that adequately supports Vestas’ objective of profitable growth.

Key commercial terms attached to the facility include, inter alia:

• A total credit facility amount of EUR 1bn.
• A maturity of five years from the date of signing of the facility documentation.
• The facility provides for both cash drawings, with a sub-limit of EUR 500m, and issuance of project-related guarantees.
• The new facility is for general corporate purposes.
• The new facility is unsecured.

Rothschild acted as financial adviser to the company in relation to the refinancing and Nordea acted as coordinating bank.

Vestas (vestas.com) is confident that the new credit facility will form a stable foundation for its strategy of profitable growth. Going forward, Vestas will continue to assess its debt financing requirements and options across all non-public and public debt markets.

Contacts: Vestas Wind Systems A/S
Henrik Guldbæk Welch, Senior Vice President, Group Treasury, T: +45 9730 8205 and
Lars Villadsen, Senior Vice President, Investor Relations, T: +45 9730 7201

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Vestas Wind Systems A/S

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


Vestas Wind Systems A/S Announces the Signing and Completion of New Five-year Revolving Credit Facility of EUR 1bn

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Vestas |
Contact: Press Office - Vestas.com 
+45 97 30 00 00 vestas-mediterranean[.]vestas.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Vestas Wind Systems A/S securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Vestas Wind Systems A/S / Company Profile


Read Energy Most Recent Related Press Releases:

ENGIE, Sigfox and UnaBiz Announce Nationwide IoT Network Rollout in Singapore
GE Renewable Energy to Equip First Commercial U.S. Integrated Solar-Wind Hybrid Project
GE’s Gas Engine Technology Provides Cost-Effective, Grid-Stability Solution for Cameroon Poultry Hatchery
Venture Global LNG Selects GE Oil & Gas Advanced Technology Plant-wide Solution for LNG Export Facilities Under Development in Louisiana
SolarWinds Unveils the Next Generation of IT Troubleshooting at Cisco Live EMEA 2017
SolarWinds IT Management Platform Being Tested for Secure Government Deployment
World's First Purpose-built LNG Bunkering Vessel Delivered to ENGIE, Fluxys, Mitsubishi Corporation and NYK
Enel Closes Acquisition of Brazilian Distribution Company CELG
SolarWinds IT Management Platform Achieves Common Criteria Certification
GE & HEI Achieve Major Milestone with First Fire of HA Gas Turbine At Bhikki Power Plant

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  NAKIVO, Inc.

Visit  La Bella Bakery Artisan Bakery Arizona

Visit  BizJobs.com







 
  ©2017 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today