TenneT Refinances Credit Facilities

TenneT Holding B.V. refinanced its existing EUR 1,125 million and EUR 500 million revolving credit facilities with a single facility of EUR 2 billion.

TenneT Refinances Credit Facilities

The pricing of the facility, which can be used for general corporate purposes, was decreased and the maturity date was extended to July 2019 with two one-year extension options.

Participating banks were: ABN AMRO, Barclays, BNP Paribas, BNG, Deutsche Bank, ING Bank (Agent), Lloyds, Rabobank, RBS (coordinator) and SMBC.

 

Press Release, July 21, 2014; Image: tennet

 

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