Reuters: Siemens Secures $3B Facility; Deutsche, Others Coordinate
Reuters reported Siemens said it secured a $3 billion revolving credit facility to replace a previous arrangement that expired last month. Commerzbank, Deutsche Bank and JP Morgan acted as coordinators and bookrunners, Reuters said.
The facility replaces the company’s $4 billion facility from 2006, which expired in August 2013, Reuters said.
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