Vinci builds group to sign Eu4bn revolver

French construction and engineering group Vinci signed a new Eu4bn syndicated revolver on Thursday, replacing several of the French company’s existing undrawn credit lines totalling Eu3.685bn. The five year plus one plus one deal was oversubscribed in syndication and 23 banks committed to the deal. The Baa1/BBB+ rated firm will pay a margin of 47.5bp on the facility.