Metso signs €500mn revolving credit facility

The new facility is a refinancing of Metso’s existing €500 million facility and will be used for general corporate purposes. The facility has a tenor of 5 years, with two 1-year extension options.

Commerzbank, Danske Bank and Nordea Bank acted as coordinating mandated lead arrangers and bookrunners. The mandated lead arrangers were BNP Paribas, Citigroup, Commerzbank, Danske Bank, HSBC Bank, Nordea Bank, Pohjola Bank and Standard Chartered Bank. Lead arrangers were Banco Bilbao Vizcaya Argentaria and Svenska Handelsbanken.