Italcementi Finance SA, a subsidiary of Italian cement maker Italcementi, has signed with a group of 14 international banks a syndicated revolving credit line for EUR450m with a five-year maturity, replacing a EUR920m credit line maturing in September 2015.
The previous loan has not been used, hence there are no impacts on the group's total debt, a statement read.
The new credit line envisages financial covenants for Italcementi Finance and Italcementi that are similar to the ones of the previous loan.

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