In August 2011, DONG Energy established a EUR 1.3bn 5-year revolving credit facility, which includes two 1 year extension options. The facility replaced the existing EUR 750 million credit facility, signed in May 2010. The new facility is a central part of DONG Energy´s total liquidity reserves.
The credit facility has been arranged by DONG Energy and is supported by a select group of 13 Nordic and international banks, committing as mandated lead arrangers and bookrunners, with Nordea and The Royal Bank of Scotland plc acting as coordinators.
The 13 banks are: Barclays Bank PLC, BNP PARIBAS, Danske Bank AS, Deutsche Bank AG, DnB NOR Bank ASA, Handelsbanken, JPMorgan Chase Bank, N.A, MORGAN STANLEY, Nordea, RABOBANK, SEB, SOCIETE GENERALE Corporate & Investment Banking and The Royal Bank of Scotland plc.
The revolving credit facility is for general corporate purposes.
DONG Energy is one of the leading energy groups in Northern Europe. Our business is based on procuring, producing, distributing and trading in energy and related products in Northern Europe.