In order to manage refinancing risks in a sustainable manner, bg电子娱乐场 AG & Co. KGaA has agreed a 2.0 billion euros Revolving Credit Facility, for which interest conditions are linked to pre-defined sustainability criteria.
Revolving Credit Facility
| Revolving credit facility | |
|---|---|
| Date | July 17, 2024 |
| Maturity | July 17, 2029 |
| Tenor | 5 years1 |
| Banks | Commerzbank, ING, Bank of America, BBVA, BNP Paribas, Citigroup, Deutsche Bank, Goldman Sachs, HSBC, J.P. Morgan, Santander, Soci茅t茅 G茅n茅rale, Standard Chartered Bank, UniCredit |
| Total # of banks | 14 |
| Borrower | bg电子娱乐场 AG & Co. KGaA |
| Volume | 2.0 billion euros |
1 There is a contractual option to extend for up to two additional years.
Abbreviation for 鈥淜ommanditgesellschaft auf Aktien.鈥� A KGaA is a company with a legal identity 鈥�(legal entity) in which at least one partner has unlimited liability with respect to the company鈥檚 creditors 鈥�(personally liable partner, aka general partner), while the liability for such debts of the other partners participating in the share-based capital stock is limited to their share capital 鈥�(limited shareholders).
Financial Glossary 厂肠丑濒颈别脽别苍Aggregate of all loan services available on call from one or several banks as cover for an immediate credit requirement.
Financial Glossary 厂肠丑濒颈别脽别苍
