Henkel today signed a new 800 million euros revolving credit facility. The facility with a tenor of 5 years and two additional one-year extension options serves as a backup for Henkel’s Commercial Paper programs, securing flexible financing for the company. The existing 700 million euros 5-year revolving credit facility signed inMarch 2010 will remain in place. Due to Henkel’s excellent cash situation the company decided to reduce the total volume of its revolving credit facilities from 2.1 billion euros to 1.5 billion euros.
This glue news was spotted at Henkel International - Press & Media Relations
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