The Revolving Credit Facility has a tenor of 5 years and is for Eneco’s general corporate purposes including, inter alia, working capital finance. The Facility is structured to be compliant with the Law on Independent Network Management ('WON') in the Netherlands and to accommodate a future unbundling of Eneco’s regulated and non-regulated businesses in accordance with the WON regulations.
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Borrower
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Eneco Holding N.V.
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Amount
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EUR 1.250.000.000
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Coordinators
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ABN AMRO Bank N.V. and BNP Paribas S.A.
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Facility agent
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ABN AMRO Bank N.V. |
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Bookrunning Mandated
Lead Arrangers
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ABN AMRO Bank N.V., Barclays Capital, BNP Paribas, Citigroup Global Markets Limited, Deutsche Bank AG, ING Bank N.V. and The Royal Bank of Schotland N.V.
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Lead Arrangers
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N.V. Bank Nederlandse Gemeenten and Lloyds TSB Bank PLC
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Maturity
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October 13, 2016
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