Rodamco Europe has appointed ABN AMRO and Citigroup as mandated lead arrangers for a new Ã¢âÂ¬400,000,000 multicurrency revolving credit facility. ABN AMRO and Citigroup act as joint-bookrunners. ABN AMRO has been appointed as facility agent and Citigroup as documentation agent.
The facility, which has a maturity of five years, is for liquidity back up and general corporate purposes. The transaction replaces the Rodamco Europe´s existing Ã¢âÂ¬440,000,000 Tranche B facility of the previous syndicated loan dated September 1999 and maturing in September 2004.
The joint bookrunners have launched syndication of the new Ã¢âÂ¬400,000,000 facility among the company´s relationship banks. A Bankers Presentation has been scheduled for October 21st in Amsterdam.
Source: Rodamco Europe