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Norsk Hydro ASA Signs Revolving Credit Facility

Monday, 18 Nov 2013 02:00am EST 

Norsk Hydro ASA announced that it has signed a USD 1,700 million syndicated revolving multi-currency credit facility with a syndicate of 13 international banks. The facility is for general corporate purposes. Hydro has since 2007 had a USD 1,700 million revolving credit facility with maturity in July 2014. This facility has remained undrawn. Hydro has now established a new credit facility, replacing the facility which was to mature in July 2014. The credit facility has a five-year tenor, and includes two one-year extension options. 

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