Extension of Credit Facility Agreement
The EUR 570 million revolving credit facility agreement signed on 26 September 2019, and increased in June 2020 to EUR 780 million, by Zenith Pure Oil Finance S.A. Bertrange, Zürich Branch (“FinCo”) as Borrower and Zenith Pure Oil Plc. as Guarantor, with 5 years original maturity, has been extended by one year...
Zenith Pure Oil Plc. (“Zenith Pure Oil”) hereby notifies the market of the following:
The EUR 570 million revolving credit facility agreement signed on 26 September 2019, and increased in June 2020 to EUR 780 million, by Zenith Pure Oil Finance S.A. Bertrange, Zürich Branch (“FinCo”) as Borrower and Zenith Pure Oil Plc. as Guarantor, with 5 years original maturity, has been extended by one year with unchanged margin levels in the amount of EUR 760 million. The new maturity date regarding the extended part of the facility is 26 September 2025.
The facility is arranged as a club-deal and can be further extended by one additional year.