Boliden has entered into a syndicated revolving credit facilities agreement with 12 banks totalling EUR 1,000 million. The facilities consist of two tranches: a five-year tranche of EUR 500 million and a three-year tranche of EUR 500 million. Both tranches include two one-year extension options.
The new facilities replace Boliden's existing revolving credit facilities of EUR 850 million, which comprise a EUR 450 million tranche maturing in 2029 and a EUR 400 million tranche maturing in 2027. BNP Paribas and Danske Bank acted as Coordinating Bookrunners and Mandated Lead Arrangers for the facilities and Danske Bank is the Facility Agent. The Bookrunners and Mandated Lead Arrangers are BNP Paribas, Danske Bank A/S, DNB Bank ASA, Sweden Branch, Nordea Bank Abp, filial i Sverige, Skandinaviska Enskilda Banken AB (publ) and Swedbank AB (publ).
Bank of America Europe Designated Activity Company, Bank of Montreal Europe plc, Deutsche Bank Luxembourg S.A., ING Bank, a Branch of ING-DiBa AG, J.P. Morgan SE and Royal Bank of Canada joined as Mandated Lead Arrangers in the facilities.
