TNT partially extends euro 1 billion Revolving Credit Facility
TNT today announces the partial extension of its euro 1 billion Revolving Credit Facility (the “Facility”) as part of its strategy to maintain financial flexibility.
The facility, originally signed in March 2005 and expiring in full in 2012, will now comprise of euro 600 million expiring in March 2012 and euro 400 million expiring in March 2015. The Facility is used as liquidity backup for TNT’s Euro-commercial paper programme and for general funding purposes.
BNP Paribas acted as mandated lead arranger and sole bookrunner on this transaction.
TNT today announces the partial extension of its euro 1 billion Revolving Credit Facility (the “Facility”) as part of its strategy to maintain financial flexibility.
The facility, originally signed in March 2005 and expiring in full in 2012, will now comprise of euro 600 million expiring in March 2012 and euro 400 million expiring in March 2015. The Facility is used as liquidity backup for TNT’s Euro-commercial paper programme and for general funding purposes.
BNP Paribas acted as mandated lead arranger and sole bookrunner on this transaction.
