Norsk Hydro signs new USD 1,300 million revolving credit facility

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Norsk Hydro signs new USD 1,300 million revolving credit facility

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The facility, which is available for general corporate purposes carries a 12- month maturity with two sixth-month extension options at Hydro's discretion. The entire amount is also available as a sub-facility swingline to cover short-term liquidity needs.

BNP Paribas, Danske Bank and DNB acted as coordinating mandated lead arrangers and bookrunners on the transaction.

In addition, CACIB and ING acted as Bookrunners; whilst Citibank, Goldman Sachs Bank, Handelsbanken, JP Morgan, Nordea Bank, and SEB participated in the transaction as Mandated Lead Arrangers.

DNB will act as Facility Agent and Documentation Agent.

Published: April 27, 2022

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