RCF refi on the cards for Hungary’s Mol

Hungarian oil credit Mol is in talks with banks for up to Eu1bn in five year money to refinance two outstanding credit lines, according to a loans banker close to the borrower.

  • 09 May 2011

Mol is refinancing a Eu700m revolver signed in May 2005 and a Eu825m revolver signed in June 2006. The borrower has not issued a formal request for proposals and the new deal is likely to be self-arranged, said the banker.

“Hungary is not the flavour of the month,” he ...

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