Analyst Research

Report Title Price
Provider: Reuters Investment Profile
$20.00
Provider: MarketLine (a Datamonitor Company)
$175.00
Provider: Thomson Reuters StreetEvents
$75.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Outokumpu Oyj Signs EUR 900 Million Revolving Credit Facility


Friday, 12 Jul 2013 04:00am EDT 

Outokumpu Oyj announced that the Company has signed a EUR 900 million committed revolving credit facility having its maturity in June 2015, with an option to extend the facility by one year, subject to an approval by the banks. The new facility will be used for general corporate purposes and it replaces the EUR 750 million facility signed in June 2011 and the EUR 250 million facility that became effective in December 2012. The new facility agreement includes two financial covenants, one based on gearing and the other on liquidity. The previously arranged forward start facility of EUR 250 million will become effective with an amount of EUR 100 million to cover the shortfall between the expiring EUR 1 billion facilities and the new facility of EUR 900 million. The forward start facility will expire in January 2014. Nordea is the Facility Agent and the Documentation Agent for this facility. 

Company Quote

6.57
-0.33 -4.78%
25 Jul 2014