Verbund Signed a € 750m Credit Facility

Businessn.a. ♦ Published: October 18, 2011; 11:23 ♦ (Vindobona)

The Austrian energy corporation secures funding for a period of five years. A credit facility from January 2005 has been replaced.

Verbund Signed a € 750m Credit Facility / Picture: © Verbund AG

Verbund has today signed a € 750m Multicurrency Revolving Credit Facility, with Bank of America Securities Limited, Barclays Capital, BNP Paribas, Deutsche Bank AG, Raiffeisen Bank International, and UniCredit Bank Austria acting as Mandated Lead Arrangers and Bookrunners. Barclays Capital and BNP Paribas acted as Coordinators.

The Facility received very strong support in…