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Vallourec SA signs a 1.1 billion euro syndicated facility

Thursday, 13 Feb 2014 02:30am EST 

Vallourec SA:Says it has signed a multi-currency revolving credit facility for an amount of 1.1 billion euros, maturing in Feb. 2019, plus two one-year extension options.Says the transaction was oversubscribed by an international syndicate of 19 banks.Lead Arrangers and Bookrunners: Banco Santander, Bank of Tokyo-Mitsubishi UFJ, Banque Federative du Credit Mutuel, BNP Paribas, Commerzbank Aktiengesellschaft, Credit Agricole, Societe Generale and Sumitomo Mitsui Banking Corporation Europe.Mandated Lead Arrangers: Bank of America Merrill Lynch, Barclays Bank Plc, Citi, Deutsche Bank, HSBC France and Standard Chartered Bank.Arrangers are: Credit du Nord, ICBC, Intesa San Paolo S.p.A., Itau BBA International and JPMorgan. 

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