DNA calls in relationship banks for €300m refi
Finnish telecoms firm DNA has signed a €300m five year credit facility comprising a revolving credit facility and a term loan. The €200m revolver and €100m term loan will be used for general corporate purposes and replace outstanding facilities.
Nordea, Pohjola, Sampo Bank and Svenska Handelsbanken were mandated lead arrangers and bookrunners on the deal, which Nordea co-ordinated.
The new loans refinance a 100m five year facility from May 2008 and a €50m three year loan from March 2009.
In 2010, DNA reported Ebitda of €39.9m with
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