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Vestas Wind Systems A/S' Shares Jump 15.8% on Credit Facility Agreement-Reuters


Monday, 26 Nov 2012 05:35am EST 

Reuters reported that Vestas Wind Systems A/S' shares jumped 15.8% at 10:29 GMT against a declining Copenhagen stock exchange benchmark index after the Company announced that its banks have offered a EUR 900 million loan facility which would eliminate the need for an equity issue. The Company announced the facility consisted of a EUR 250 million amortizing term loan and a EUR 650 million revolving credit facility. 

Company Quote

34.605
-0.46 -1.31%
15 Aug 2014