The USD 600,000,000 multicurrency revolving loan facility,signed on 27 July 2012 and arranged by 30 banks with ABN AMRO N.V., ING Bank N.V. and the Royal Bank of Scotland PLC as Active Book Runners and Joint Coordinators and Barclays Bank PLC as the Facility Agent, by a further 364 days. The GM&T is the Borrower under the Facility with its material subsidiaries as Original Guarantors.
The Company decided to decrease the extended Facility amount to USD 500,000,000 following a mid-term reforecasting exercise and strong cash generation in the first half of 2013.
The Facility will be used for general corporate purposes and consists of two tranches split as follows: