Rodamco Europe launches refinancing of €500,000,000 Multicurrency Revolving Credit Facility (NL)

Rodamco Europe N.V. has mandated BNP Paribas and Citigroup to arrange the €500,000,000 Multicurrency Revolving Credit Facility. The Facility will be used for general corporate purposes, including refinancing the € 500,000,000 revolving credit facility dated 25 November 2003 and for commercial backstop liquidity purposes.

The transaction will be launched to a group of relationship banks. The Facility has a maturity of 5 years with 2 annual 365 day extension options. Besides extending the maturity, Rodamco Europe wants to capitalize on the attractive market conditions for such loan facilities.

Source: Rodamco Europe

Related News