Hungarian oil and gas company MOL has signed an agreement on revolving credit facility worth 615 million euros with a consortium of ten banks.
The agreement is signed in order to refinance 439 million euros expired part of one billion euros revolving credit facility which expired earlier in June. Due to favorable market conditions and positive market response to the announced refinancing, MOL decided to increase the facility to the amount of 615 million euros.
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Tags: financial, Hungary, loan, Mol