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Replaces expiring credit facility, which was established in 2007
July 17, 2012
By: DAVID SAVASTANO
Editor, Ink World Magazine
The specialty chemicals Group ALTANA AG has successfully concluded a syndicated line of credit in the amount of €250 million. The credit facility will be used for general corporate purposes and gives the company financial flexibility for the upcoming years. Furthermore, it replaces the expiring credit facility, which was established in 2007. Seven banks participate in the syndicated loan. These banks are Commerzbank, Deutsche Bank, JP Morgan, Landesbank Baden-Württemberg, Landesbank Hessen-Th...
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