Ansaldo Energia €500 million financing

Overview:

• Ansaldo Energia has taken out a combined €500 million in new credit facilities.
• The deal consists of a €400 million revolving credit facility arranged by Banca IMI, Banco Santander, BNP Paribas, Crédit Agricole CIB, Commerzbank, HSBC, Standard Chartered and UniCredit, with Banca IMI acting also as facility agent; a €40 million bilateral revolving credit facility granted by UBI Banca; amendments to an existing SACE-backed facility agreement granted by BNP Paribas; and a €50 million R&D financing granted by the European Investment Bank.

Sam Duke - Editor