Vestas Wind Systems A/S extends maturity on revolving credit facility
Vestas Wind Systems A/S has signed a new EUR 1.050bn revolving credit facility, available for loans as well as project-related guarantees (sub-limit for loans of up to EUR 500m).
The new facility has a five-year duration with an option (at the lenders’ discretion) to extend the maturity for up to two additional years (5+1+1). The facility refinances the existing EUR 1.000bn revolving credit facility dated 31 March 2014 (ref. Company announcement no. 15/2014) and enables Vestas to extend the company’s debt maturity profile at favourable pricing and terms.
The facility was arranged by seven banks comprising Nordea, HSBC, SEB, DNB, Unicredit, Société Générale, and Citigroup.
Vestas Wind Systems A/S, Denmark
Hans Martin Smith, Senior Vice President, Investor Relations
Tel: +45 9730 8209
Henrik Guldbæk Welch, Senior Vice President, Group Treasury
Tel: +45 9730 8205