Prysmian seals 100 mln euro credit deal with Mediobanca

MILAN Wed Feb 19, 2014 12:50pm EST

MILAN Feb 19 (Reuters) - Italy's Prysmian, the world's biggest maker of power and telecommunications cables, said on Wednesday it had sealed a 100 million euro ($137 million) credit deal with investment bank Mediobanca.

The facility has a five-year maturity and will be used to refinance existing debt and working capital requirements, Prysmian said in a statement.

($1 = 0.7271 euros) (Reporting by Agnieszka Flak, editing by Danilo Masoni)