Vicat revolving credit line completed successfully

Vicat revolving credit line completed successfully
Published: 15 June 2011

The Vicat Group today announced the signing of a revolving credit line amounting to EUR480m with a maturity of five years.


This revolving credit line was established to fund general corporate purposes and to refinance an online multi-currency revolving credit facility of US$445m dated 20 July 2009. This line can lengthen the average maturity of the Group’s debt to 5.5 years and 6 years for Vicat SA.


The Mandated Lead Arrangers and Bookrunners in this transaction are BNP Paribas, Credit Agricole Corporate and Investment Bank, Credit du Nord, Crédit Mutuel-CIC (Documentation Officer), HSBC France, Natixis (Facility Agent) and Société Générale Corporate & Investment Banking (division of investment bank Société Générale).


This financing was completed through a syndicate comprising nine banks: BNP Paribas, Credit Agricole Corporate and Investment Bank, Credit du Nord, Crédit Industriel et Commercial Crédit Industriel et Commercial - Lyonnaise de Banque, HSBC France, LCL, Natixis and Société Générale.