Page 5 - Decarbonisation Strategy News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Lundin announces successful refinancing into a USD 5 billion corporate credit facility 14 Dec 2020 Lundin Energy has successfully completed the refinancing of its existing secured USD 4.75 billion Reserves Based Lending facility ('RBL') and other corporate facilities, into a new, lower margin USD 5 billion five year corporate facility. Highlights New USD 3.5 billion 2 to 5 year maturity term loans Weighted average margin of 1.6 percent above LIBOR1 which is 0.9 percentage points lower compared to the current RBL margin Inclusion of ESG Key Performance Indicators (“KPI”), impacting margi...

Swedish Lundin Energy AB (the ‘Company”) is pleased to announce that is has successfully completed the refinancing of its existing secured USD 4.75 billion Reserves Based Lending facility (“RBL”) and other corporate facilities, into a new, lower margin USD 5 billion five year corporate facility, (the “Facility”).   Highlights New USD 3.5 billion 2 to 5 year maturity term loans Weighted average margin of 1.6 percent above LIBOR 1 which is 0.9 percentage points lower compared to the current RBL margin Inclusion of ESG Key Performance Indicators (“KPI”), impacting margin accord...