Corio has successfully closed the syndication of a 600-million Revolving Credit Facility (RCF) that refinances the 600 million RCF agreement signed in April 2005.
The new credit line has a tenor of five years with two one-year extension options and can be used for general corporate purposes. BNP Paribas acted as coordinator of the facility and seven banks joined in syndication, all for the same ticket and role. The syndication was oversubscribed as all the invited banks committed to the facility, which was not increased.
The participant banks are:
Bookrunners Mandated Lead Arrangers:
- ABN Amro
- Bank of America Merrill Lynch
- BNP Paribas
- Deutsche Bank
- J.P. Morgan