Orano bumps up banking group, adds another lender

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By Mike Turner
13 Mar 2019

French nuclear firm Orano has increased the size of its syndicated loan and added another lender to its banking group, as some loans officials said that only names further down the credit curve are growing the number of lenders they use.

Orano has bumped up the size of its syndicated facility from €780m to €940m. The loan is still due to mature in July 2021, though it comes with two one year extension options. 

The borrower increased the deal’s size by adding to the banks in its lending group. There ...

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