Response to Carlsberg underwhelming after unpopular drawing

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Response to Carlsberg underwhelming after unpopular drawing

Carlsberg Breweries has signed a €800m five year revolving credit facility after a sluggish borrower-led syndication. Although the Baa2/BBB rated borrower saw its transaction oversubscribed and lenders had their commitments scaled back, some bankers said that they thought the borrower had been aiming to increase the facility.

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