Siemens Gamesa Secures €2.5 Billion Multi-Currency Term and Revolving Credit Facility

30 May 2018

Siemens Gamesa Renewable Energy has signed a €2.5 billion multi-currency term and revolving credit facility, enhancing its long-term financial structure. 

The facility was signed with a syndication of international financial entities and replaces the company’s €750 million credit facility signed in 2017 and will serve for general corporate purposes and to refinance existing outstanding debt. 

The financing comprises a €2 billion revolving facility –maturing in 2023 with two one-year extension options-and €500 million term facility –maturing in 2021. 

The transaction has been very successful, having attracted close to €3.8 billion subscription offers from financial entities.

Siemens Gamesa Renewable Energy | http://www.siemensgamesa.com