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-Brenntag refinances syndicated loan at attractive conditions and improves maturity profile substantially

Brenntag, the global market leader in chemical distribution, has refinanced its existing syndicated loan agreement at an early stage, thus extending the term. The term of the new syndicated loan is now to end in January 2022 at the earliest.The previous syndicated loan had been scheduled to run until March 2019. At the same time, this move reduces interest expenses and brings about further improvements in the credit documentation.

The syndicated credit line is the most important financing

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