Extension of EUR 575 million revolving credit facility agreement
Extension of EUR 575 million revolving credit facility agreement
Zenith Pure Oil Plc. (“Zenith Pure Oil”) hereby notifies the market of the following:
The EUR 575 million revolving credit facility agreement (“RCF”), signed on 29th November 2021 by Zenith Pure Oil Finance Zrt. as borrower, and Zenith Pure Oil Plc. as Guarantor, and increased to EUR 725 million in 2023, with five years original maturity and two one-year extension options, has been extended for the second time by one additional year in the amount of EUR 150 million and with unchanged conditions. After exercising the second extension option, final maturity date of the RCF will change to the following: EUR 541 million will mature on 29th November 2028, EUR 100 million will mature on 29th November 2027, and EUR 84 million will mature on 29th November 2026.