Fromageries Bel reduces revolver

Fromageries Bel has signed a three year revolver, reducing the size of its bank line from Eu300m to Eu150m as it disposed of the acquisition part of the funding.

  • 23 Oct 2009

Five banks committed to the club deal: BNP Paribas, Calyon, Natixis, Royal Bank of Scotland and Société Générale. BNP Paribas coordinated the deal and is the facility agent.

The outstanding Eu300m transaction had been signed in February 2008, supported by the same bank syndication team. The original deal ...

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