Money Makes the World Go Round

Wind Industry Profile of

The transaction has been signed with a syndication of international financial entities and will expire in 2023

Siemens Gamesa Renewable Energy has signed a €2.5 billion multi-currency term and revolving credit facility, enhancing its long-term financial structure. The facility was signed with a syndication of international financial entities and replaces the company’s €750 million credit facility signed in 2017 and will serve for general corporate purposes and to refinance existing outstanding debt. The financing comprises a €2 billion revolving facility –maturing in 2023 with two one-year extension options- and €500 million term facility –maturing in 2021. The transaction has been very successful, having... ... More: Official Press Release Siemens Gamesa

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Siemens Gamesa, transaction, money, credit facility