| Companies |
 |
Saint-Gobain to open 9 bln eur credit facility as part of BPB bid
|
Saint-Gobain plans to open a 9 bln eur credit facility in connection with its 3.68 bln stg bid to acquire UK plasterboard group BPB PLC, and has named Deutsche Bank as lead arranger, a joint UBS and BNP Paribas statement said.
The package of term and revolving credit facilities will also go towards refinancing existing debt of both Saint-Gobain and BPB. The term facility will be for up to 5 years.
BNP Paribas and UBS will be co-bookrunners for the operation.
A spokesman for Saint-Gobain was not available for comment.
|
August 22nd, 2005
Source: Forbes.com |
Add a Comment
|
You have to be registered in order to add your comment.
If you already have an account, please sign-in to comment.
|
|
|
|
