OCI Nitrogen signs Eu175m loan

OCI Nitrogen, the Dutch subsidiary of the OCI Fertilizer Group, has signed a Eu175m loan with mandated lead arranger Rabobank.

  • 04 Aug 2010

The facility, which might be launched into syndication, comprises a Eu100m term loan and a Eu75m revolver. It will be used to refinance the company’s working capital debt, including a bridge financing backing the acquisition of Royal DSN’s agro and melamine businesses for Eu310m earlier this summer.

OCI Nitrogen ...

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