IHS Chemical Week

People & Business :: Earnings/Finance

Kemira signs €400-million revolving credit facility

7:26 AM MDT | August 29, 2013 | Francinia Protti-Alvarez

Kemira has a signed €400-million ($534.5 million) revolving credit facility with eight banks, the company announced today. This is a committed credit facility to be used for general corporate purposes. The facility is to be repaid within five years, with two one-year extensions. ING acted as lead arranger. The facility  replaces an undrawn €300-million facility signed in June...

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