Stena sails away with $1bn RCF

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Stena sails away with $1bn RCF

Swedish shipping group Stena (Ba3/BB) has signed a $1bn revolving credit facility to refinance an existing facility arranged in December 2004. JP Morgan, SEB and Svenska Handelsbanken were bookrunners on the loan, which has a maturity of 5.5 years.

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