Vestas extends maturity on revolving credit facility


Aarhus, Denmark, 2016-05-18 15:27 CEST (GLOBE NEWSWIRE) --

Vestas has a EUR 1,050m revolving credit and bonding facility (the “Facility”) from a group of seven banks (ref. Company announcement No. 29/2015). The facility documentation includes an option for Vestas to request the lenders to accept extension of the final maturity at the first and second anniversary of the Facility.

As per today, Vestas has exercised the first option and obtained consent from all lenders to extend the final maturity of the Facility to 3 June 2021.

Contact details
Vestas Wind Systems A/S, Denmark
Hans Martin Smith, Senior Vice President, Group Treasury and Investor Relations
Tel: +45 9730 8209

 


Attachments

160518_CA_UK_19.pdf