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| NCC signs credit facility with banks NCC Treasury AB and a group of banks have signed a Revolving Credit Facility Agreement of EUR 275 million, corresponding to about SEK 2,600 million. The transaction replaces an existing EUR 200 million revolving credit facility signed in January, 2005. The credit facility, which was oversubscribed and expanded to EUR 275 million, will primarily be used as a backstop for NCC's commercial paper programs. The credit facility has a maturity of five years, with an option to prolong the maturity for another two years. write your comments about the article :: © 2008 Construction News :: home page |