Forty banks board Airbus's €3bn revolver refi

Airbus 230x150
By Richard Metcalf
13 Oct 2014

European aerospace firm Airbus has completed a €3bn loan syndication to amend and extend its €3bn five year revolving credit facility, attracting the support of 40 banks.

Bank of Tokyo-Mitsubishi UFJ, Crédit Agricole, Royal Bank of Scotland and UniCredit were coordinators on the deal, which closed oversubscribed.

The revolver for general corporate purposes was originally signed in April 2011 and had a tenor of five years, with two one year extension options, which are also a ...

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