Fortis EUR 10 billion revolving credit facility confirmed

Fortis today announced that the EUR 10,000,000,000 revolving credit facility has successfully closed on a club deal basis with Dresdner Bank AG, Niederlassung Luxemburg, ING Bank Wholesale Banking, Mediobanca - Banca di Credito Finanziario S.p.A., Coöperative Centrale Raiffeisen Boerenleenbank B.A. and Société Générale Corporate and Investment Banking.   The Facility will be used towards financing part of the consideration payable by RFS Holdings B.V. in connection with the offer for ABN AMRO.

 

Dresdner Bank AG, Niederlassung Luxemburg is the Facility Agent.

Pricing details are not disclosed.

 

 

 

 

 

Fortis is an international financial services provider engaged in banking and insurance. We offer our personal, business and institutional customers a comprehensive package of products and services through our own channels, in collaboration with intermediaries and through other distribution partners. With a market capitalisation of EUR 50.9 billion (15/10/2007), Fortis ranks among the 15 largest financial institutions in Europe. Our sound solvency position, our presence in over 50 countries and our dedicated, professional workforce of 60,000 enable us to combine global strength with local flexibility and provide our clients with optimum support. More information is available at www.fortis.com.