Vestas extends maturity on revolving credit facility
The EUR 1.150bn revolving credit facility refinances Vestas’ existing EUR 1.050bn facility from 3 June 2015. The facility is available for loans as well as project-related guarantees with a sub-limit for loans of up to EUR 550m. The 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).
Hans Martin Smith, Head of Group Treasury & Investor Relations, said “By continuing to develop our solid banking relations, we strengthen our financial capabilities, underpin our global reach and support our position as a global leader in sustainable energy solutions.“
The facility is arranged by Nordea, Citigroup, DNB, HSBC, SEB, Unicredit, Santander and Société Générale.
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For more information, please contact:
Hans Martin Smith
Head of Group Treasury & IR
Tel.: + +45 2447 7258
Vestas is the energy industry’s global partner on wind power solutions. We design, manufacture, install, and service wind turbines across the globe, and with 83 GW of wind turbines in 75 countries, we have installed more wind power than anyone else. Through our industry-leading smart data capabilities and unparalleled 73 GW of wind turbines under service, we use data to interpret, forecast, and exploit wind resources and deliver best-in-class wind power solutions. Together with our customers, Vestas’ more than 22,000 employees are bringing the world sustainable energy solutions to power a bright future.
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