GDF Suez signs new 5 bln eur credit line
PARIS, April 3
PARIS, April 3 (Reuters) - GDF Suez said it signed a five-year 5 billion euro ($6.86 billion) multi-currency credit line with a syndicate of 25 banks to be used for the early refinancing of two undrawn credit lines expiring in 2014 and 2015.
"GDF Suez was able to seize particularly favorable market conditions, improving significantly the cost of this liquidity thanks to a fixed margin of 20 basis points," GDF said in a statement on Thursday.
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