Dong Energy has signed a €1.4bn five-year and a €350m three-year syndicated revolving credit facility.
Both facilities include two one-year extension options and replace the existing €1.3bn credit facility, signed in August 2011 and bilateral facilities.
The facilities are for Dong’s general corporate purposes.
Dong said it is taking advantage of the current favourable market conditions for credit facilities in the Euroloan market.
The Danish company arranged the facilities, which are supported by a select group of 14 Nordic and international banks, committing as bookrunners and mandated lead arrangers,.
Nordea and The Royal Bank of Scotland acted as coordinators.
The 14 banks are: Barclays Bank, BNP Paribas, Citibank, Danske Bank, Deutsche Bank Luxembourg, Goldman Sachs International Bank, Handelsbanken, JP Morgan, Morgan Stanley, Nordea, Rabobank, SEB, The Bank of Tokyo-Mitsubishi UFJ and The Royal Bank of Scotland.
Image: Dong Energy
