Evonik Industries AG successfully completed the refinancing of its present €2.25 billion credit facility on June 8th, 2010. The total volume of the new facility has been reduced to €1.5 billion thanks to the cash inflow from the placement of a €750 million bond in October 2009. The new credit facility comprises three €500 million tranches, running for two, three and five years respectively.
This unsecured credit line provides general financing for the Evonik Group's business and forms an integral part of its financing strategy. Together with the Group's liquid funds, it provides the necessary financial leeway and represents a
This unsecured credit line provides general financing for the Evonik Group's business and forms an integral part of its financing strategy. Together with the Group's liquid funds, it provides the necessary financial leeway and represents a
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