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RWE AG signs credit agreement for 4 billion euros

Monday, 31 Mar 2014 08:00pm EDT 

RWE AG:Signs new credit agreement for 4 billion euros.Syndicated credit line replaces existing agreement, also for 4 billion euros, and is intended to secure group’s liquidity.RWE is taking advantage of market environment to improve its financing conditions.Credit line is made available by international banking consortium for initial term of five years, with option to renew it twice for year at time. 

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