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Credit Agricole CIB, DNB Arrange $1B Multi-Currency Revolving Credit Facility for Norsk Hydro
Monday, February 19, 2024

Lenders/Participants Credit Agricole Corporate and Investment Bank [Mandated Lead Arranger]
DNB [Mandated Lead Arranger]
Danske Bank [Joint Bookrunner]
ING [Joint Bookrunner]
BNP Paribas [Participant]
Citibank [Participant]
Handelsbanken [Participant]
Goldman Sachs Bank [Participant]
JPMorgan Chase Bank [Participant]
Nordea Bank Finland, London Branch [Participant]
SEB AG [Participant]
Structure Multi-Currency Revolving Credit Facility
Amount $1.000 Billion
Borrower(s) Norsk Hydro ASA
Description The facility, which is available for general corporate purposes, carries a two-year tenor with a one-year extension option and replaces Hydro’s undrawn USD 1,300 million revolving credit facility. The entire amount is also available as a sub-facility swingline to cover short-term liquidity needs.
Industry Renewable Energy
Related Tags Bank Lender, BNP Paribas, Citibank, Credit Agricole CIB, Danske Bank, DNB, Goldman Sachs Bank, ING, JPMorgan, Renewable Energy, SEB

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