Carlsberg Breweries A/S ("Carlsberg") has entered into a new 5-year revolving
credit facility of EUR 800m with a selected group of relationship banks. The
new facility replaces the EUR 1.425bn facility signed in 2005 which was
subsequently reduced to EUR 1.225bn in 2008.
With this new credit facility in place, Carlsberg has extended the maturity profile of its bank commitments and has achieved favourable pricing and terms. The facility is for general corporate purposes.
Due to strong oversubscription banks commitments were consequently scaled back.
Carlsberg's Deputy CEO and CFO Joern P. Jensen says "We are very pleased with the terms of the new credit facility and the confidence that our banks once again have shown us".
A total of 9 banks are participating in the new credit facility. The facility was self-arranged by Carlsberg. 5 banks have been awarded the title "Mandated Lead Arranger and Bookrunner" and 4 banks have been awarded the title "Arranger".
List of banks participating in the facility (alphabetical order):
Mandated Lead Arranger and Bookrunners:
Citi
Danske Bank
Handelsbanken Capital Markets, Svenska Handelsbanken AB (publ)
Nordea Bank
The Royal Bank of Scotland (Danish) branch
Arrangers:
BNP Paribas
Nomura
The Bank of Tokyo-Mitsubishi UFJ, Ltd.
UniCredit
Danske Bank is acting as Agent on the facility.
Contacts: Media Relations: Jens Bekke, +45 3327 1412 Ben Morton; +45 3327 1417 Investor Relations: Peter Kondrup, +45 3327 1221
Attachment:
https://newsclient.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=372352
With this new credit facility in place, Carlsberg has extended the maturity profile of its bank commitments and has achieved favourable pricing and terms. The facility is for general corporate purposes.
Due to strong oversubscription banks commitments were consequently scaled back.
Carlsberg's Deputy CEO and CFO Joern P. Jensen says "We are very pleased with the terms of the new credit facility and the confidence that our banks once again have shown us".
A total of 9 banks are participating in the new credit facility. The facility was self-arranged by Carlsberg. 5 banks have been awarded the title "Mandated Lead Arranger and Bookrunner" and 4 banks have been awarded the title "Arranger".
List of banks participating in the facility (alphabetical order):
Mandated Lead Arranger and Bookrunners:
Citi
Danske Bank
Handelsbanken Capital Markets, Svenska Handelsbanken AB (publ)
Nordea Bank
The Royal Bank of Scotland (Danish) branch
Arrangers:
BNP Paribas
Nomura
The Bank of Tokyo-Mitsubishi UFJ, Ltd.
UniCredit
Danske Bank is acting as Agent on the facility.
Contacts: Media Relations: Jens Bekke, +45 3327 1412 Ben Morton; +45 3327 1417 Investor Relations: Peter Kondrup, +45 3327 1221
Attachment:
https://newsclient.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=372352
