Syndicated Facility

In May 2005, DONG Energy established a EUR 1.5 billion revolving credit facility with a group of 13 banks as a source of general corporate financing and as a general back-up facility. The syndicated loan facility originally had a term of five years, but has been extended an additional year until May 2011. The credit facility was arranged by ABM Amro, Barclays Capital, Danske Bank, and Nordea and is provided by DONG Energy’s core banks.