INA signed the EUR 300 million revolving credit facility agreement with eight banking groups represented by international and domestic banks: BNP Paribas, ING Bank N.V. Hungary Branch, MKB Bank Nyrt, OTP banka d.d., Privredna banka Zagreb d.d., Raiffeisenbank Austria d.d., SMBC Bank EU AG, Tatra banka, a.s. and Zagrebačka banka d.d. The facility was arranged as a club-deal and can be used for general corporate purposes, including investments. The facility concluded in 2018 in the amount of USD 300 million has been refinanced with this new facility.
The transaction was coordinated by Privredna banka Zagreb d.d. and Zagrebačka banka d.d., whereas ING Bank N.V., London Branch will act as Facility Agent. The tenor of the facility is three years with two one-year extension options, and it can be drawn in EUR and USD.
Source of information:
INA - Industrija nafte d.d.
Av. V. Holjevca 10, Zagreb
Investor Relations
Tel.: + 385 1 645 0000
Fax: + 385 1 645 2444
e-mail: investitori@ina.hr
web: www.ina.hr