Air Liquide pulls in 17 for €1bn refi

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Air Liquide pulls in 17 for €1bn refi

French gases firm Air Liquide, rated A/A, has signed a €1bn revolving currency facility with 17 banks, having previously launched the deal at €850m. The new loan — the first in Europe to include a first draw utilisation fee — is replacing a €1.2bn seven year deal signed in July 2004 that was set to mature in July 2012.

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