Volvo Treasury AB signs EUR 2.0bn Multi-Currency Revolving Credit Facility
Volvo Treasury AB announced today that it has signed a EUR 2.0bn multi-currency revolving credit facility.The facility replaces the company’s existing EUR 775m revolving credit facility signed in March 2010 and its EUR 1.45bn revolving credit facility signed in December 2004. The new facility has a tenor of five years and serves for general corporate purposes. BNP Paribas Merchant Banking, SEB, Mizuho Corporate Bank Ltd. and Nordea acted as coordinators for the arrangement and syndication of the facility. The credit line was well received in the market and closed significantly