Download list
Locations / Sites
Contacts
Login
Back to News

Borealis to successfully extend its EUR one billion revolving credit facility

In September 2014 the refinancing of the EUR one billion Syndicated Revolving Credit Facility was concluded based on a 5 year tenor with two one-year extension options at lenders' discretion. One year after, Borealis has successfully completed a one year extension of the facility with all participating relationship banks consenting unanimously. The new maturity date has now been extended to September 2020.

The Revolving Credit Facility serves as the main backbone financing facility, providing the Borealis Group with a high degree of strategic financing flexibility, and supports the very strong liquidity headroom of the company.

The Facility is supported by a number of long standing key relationship banks of Borealis, both national and international.

END

Media Contact
Elisabeth Schopf
Group Funding Manager
+43 1 22 400 707
ir@borealisgroup.com
Jan-Martin Nufer
Vice President Treasury & Funding
+43 1 22 400 320
ir@borealisgroup.com

Related News

News – 17/03/2020

Operations during the Coronavirus disease (COVID-19) outbreak

Read more

News – 12/03/2020

OMV signs agreement to increase its shareholding in Borealis to 75%

Read more

News – 12/03/2020

Annual Report 2019 published

Read more

Media Release – 10/03/2020

Borealis producing certified renewable polypropylene at own facilities in Belgium

Read more

Media Release – 05/03/2020

Borealis and Webster Vienna Private University continue their successful scholarship endowment program

Read more

Media Release – 27/02/2020

Borealis delivers strong financial result in softening market environment

Read more

News – 21/02/2020

Pasuruan regency partners with Project STOP and Nestlé to create a sustainable waste management and help reduce ocean plastic pollution

Read more

Media Release – 05/02/2020

Borealis polyolefin innovations enable the transition to a lower carbon energy future

Read more

Media Release – 28/01/2020

Borealis renews its long-term commitment to UAE Educational & Social organisations at signing ceremony in Abu Dhabi

Read more