Zumbotel lights up €500m RCF

17 Nov 2011

Syndication of Austrian light company Zumtobel closed oversubscribed, with the company opting to increase the size of the facility — which matures on October 28 2016 — from €480m to €500m.

Commerzbank, RBI and UniCredit were bookrunners on the deal, with each taking holds €100m. The arrangers exclusively approached the firm’s relationship banks.

Bank für Tirol und Vorarlberg Aktiengesellschaft, Raiffeisenlandesbank Oberösterreich Aktiengesellschaft, SEB and Vorarlberger Landes- und Hypothekenbanken Aktiengesellschaft each took holds of €50m.

The proceeds of the loan will be ...

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