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RSS FeedsAegean Marine Petroleum Network Inc. Announces New Three-Year Secured Global Borrowing Base Multicurrency Revolving Credit Facility for $750 million
(WorldNews Greece)

 
 

30 november 2017 23:52:06

 
Aegean Marine Petroleum Network Inc. Announces New Three-Year Secured Global Borrowing Base Multicurrency Revolving Credit Facility for $750 million
(WorldNews Greece)
 


NEW YORK, NY -- (Marketwired) -- 11/30/17 -- Aegean Marine Petroleum Network Inc. (NYSE: ANW) (`Aegean` or the `Company`) today announced that it has successfully signed a new Secured Global Borrowing Base Multicurrency Revolving Credit Facility in the amount of $750 million for a term of three years (the `Global Borrowing Base` or `Facility`). Seven of the nine participating lenders updated their commitments to Aegean at improved terms and increased tenor with two new banks joining the Facility. The three-year Global Borrowing Base also includes an `accordion` option for an additional $250 million and replaces the Company`s outgoing one-year $1 billion facility. In concert with our $250...


 
35 viewsCategory: General > Europe > Greece
 
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