OMV Concludes New Syndicated Loans

Central- & Eastern Europe › Romania ♦ Published: November 23, 2011; 13:00 ♦ (Vindobona)

The Austrian oil and gas company has signed two syndicated multi-currency credit facilities totaling € 1,680m, which replaces existing facilities maturing in 2012.

OMV Concludes New Syndicated Loans / Picture: © Wikimedia Commons / DanielZanetti [CC BY 3.0 (https://creativecommons.org/licenses/by/3.0)]

OMV Group today announced the conclusion of two syndicated loans with a total amount of € 1,680m. OMV AG and OMV Petrom SA have refinanced existing facilities with new syndicated revolving credit facilities of € 750m and € 930m respectively. Both facilities, launched at a volume of € 750m each, were substantially oversubscribed. The tenors of the new facilities are five years…

or Log In

Fast News Search
Related Reports
Nuclear Energy in Romania (June 28, 2013)
Automotive Manufacturing in Romania (August 27, 2013)
Raiffeisen Bank International AG - SWOT Analysis & Company Report (May 1, 2014)
Soft Drinks in Romania (March 29, 2013)
Erste Group Bank AG - SWOT Analysis & Company Report (April 1, 2014)
Related News
OMV to Sell Petrol Stations to Slovak Slovnaft (November 22, 2011)
Petrom Accused for Breach of Antritrust Rules (November 16, 2011)
OMV’s Performance Still Impacted by Libyan Production Shortfalls (November 9, 2011)
OMV Considers € 1.5bn Credit Line (November 4, 2011)
PKN Orlen Interested in OMV´s Petrol Stations (October 31, 2011)
OMV Raises Production and Margins (October 21, 2011)
Read More
OMV, Energy Industry, Oil Industry, Gas Industry, Petrom, Romania, Funding
Featured
Vienna International Centre - Live-Ticker Coronavirus Situation: Several New Positive COVID-19 Cases, More than 100 Cases in Total
List of National Days of the Home Countries of All Foreign Missions and Delegations in Vienna, Austria
See latest Vindobona Newsletter