Vestas appoints lead banks for new trade facility

Region:

Europe

Jonathan Bell

Editor-in-chief

Danish wind turbine manufacturer and wind project developer Vestas has appointed lead banks to arrange an €850 million ($1.16 billion) credit facility. Vestas has appointed a bank group comprising Nordea, DNB, HSBC and SEB to act as arrangers. The facility documentation is expected to be completed in the first quarter of 2014.

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