Vattenfall signs a five-year revolving credit facility

Vattenfall has signed a new five-year multi-currency revolving credit facility for €2.55bn (£2.15bn).

If drawn, the facility will pay a margin of 40 basis points over the relevant interbank rate.

A total of 20 banks participated in the credit facility and going forward, will comprise Vattenfall’s core relationship bank group.

The facility, which is intended for general corporate purpose, was self-arranged by Vattenfall and launched on 3 January 2011.