Syndication Of Neste Oil's 1.5 Billion Euro Credit Facility Completed
Posted: 23 May 2005
Neste Oil completed on May 2005 the syndication of its EUR 1.5 billion 5-year revolving credit facility with two one-year extension options after year one and year two. The facility was signed in March 2005. All twenty banks, who were originally invited, decided to participate in the transaction.
Mandated Lead Arrangers are Barclays Capital, BNP Paribas, Citigroup, Nordea and SEB.
Neste Oil Corporation is a leading independent northern European oil refining and marketing company focused on high-quality traffic fuels and other high value-added petroleum products with reduced environmental impact.
Posted by Editor Pipeline Magazine
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