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

Media Release – 26/11/2020

Borealis makes progress towards “Goal Zero” thanks to upgraded state-of-the-art water treatment system in Schwechat, Austria

Read more

News – 12/11/2020

Join the dialogue on plastics circularity on our new EverMinds blog

Read more

News – 06/11/2020

Operations during the COVID-19 pandemic, update 6 November 2020

Read more

News – 05/11/2020

New Plastics Economy Global Commitment 2020 progress report

Read more

Media Release – 05/11/2020

Joint Feasibility Study for a chemical complex in India completed, project put on hold due to COVID-19 pandemic

Read more

Media Release – 04/11/2020

Borealis delivers solid third quarter financial result in challenging yet improving market environment

Read more

Media Release – 03/11/2020

Porsche and Circularise collaborate with Borealis, Covestro and Domo Chemicals to enable the traceability of plastics in the automotive sector

Read more

News – 29/10/2020

OMV and Mubadala complete Borealis transaction

Read more

Media Release – 22/10/2020

First delivery of naphtha to new 80,000 m3 cavern at Borealis operations in Porvoo, Finland

Read more