ABN AMRO Bank, BNP Paribas, HSBC Bank plc and The Royal Bank of Scotland plc complete EUR 1 billion multicurrency revolving credit facility for TPG N.V
TPG N.V. is pleased to announce the successful completion of a seven-year € 1 billion Multicurrency Revolving Credit Facility. The facility replaces the company’s existing € 600 million facility signed October 2003. It will be used as liquidity backup for TPG’s Euro commercial paper programme and for general funding purposes.
The following banks also joined the transaction as Mandated Lead Arrangers, participating for €100 million each: Citigroup, Commonwealth Bank of Australia, Deutsche Bank Luxembourg S.A., ING Bank N.V., JP Morgan Chase Bank N.A. and UniCredito Italiano-New York Branch.
With its two brands TNT and Royal TPG Post, TPG N.V. is a global provider of mail, express and logistics services. The group employs over 162,000 people in 63 countries and serves over 200 countries. For 2004 the company reported sales of € 12.6 billion. TPG N.V. is publicly listed on the stock exchanges of Amsterdam, New York, London and Frankfurt.
