Saint-Gobain signs €2.5bn credit line agreement with 26 banks

French construction materials group Saint-Gobain has signed a €2.5 billion undrawn credit line agreement with 26 banks with a reimbursement date in December 2018. The line replaces another due for repayment in 2015. The group also negotiated an extension of a €1.50 billion credit line due in December 2017 to December 2018 with 27 banks. The €2.5 billion credit line has two options for extension.
December 19, 2013 Read time: 1 min

French construction materials group 6013 Saint-Gobain has signed a €2.5 billion undrawn credit line agreement with 26 banks with a reimbursement date in December 2018.

The line replaces another due for repayment in 2015. The group also negotiated an extension of a €1.50 billion credit line due in December 2017 to December 2018 with 27 banks. The €2.5 billion credit line has two options for extension.

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