Sucden announces the extension of its Revolving Credit Facility
Sucden has successfully completed the amendment and the extension of its $400 million Revolving Credit Facility (RCF) originally dated 20 June 2016.
Sucden has extended the maturity of the Facility by one year to June 2019, whilst reinstating two one year extension options, so that the tenor may be extended two more times up to June 2021.
SOCIÉTÉ GÉNÉRALE, ING BANK and COOPERATIEVE RABOBANK UA («RABOBANK») acted as Active Bookrunners, while SOCIÉTÉ GÉNÉRALE and ING BANK acted as «Joint Coordinators» and SOCIÉTÉ GÉNÉRALE is Facility and Swingline Agent.
All the 18 banks participating to the RCF since its original launch in 2016, have renewed their participation unchanged and reaffirmed their support and confidence in Sucden’s business strategy.
Sucden and its Management are proud of this support and express their sincere thanks to the pool of Banks for their trust in our Group.