UPM improves terms, price with a Eu1.5bn refinancing

18 Feb 2005

Forest products company UPM-Kymmene has awarded a mandate to Barclays (bookrunner), Dresdner Kleinwort Wasserstein, ING, JP Morgan (bookrunner) and Nordea (bookrunner) to arrange the refinancing of its Eu1.5bn revolving credit facility. The banks have launched syndication and lenders can take a ticket of Eu100m for 10bp ...

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