These credit lines were arranged with leading international banks. They consist of:
• a committed 5-year syndicated loan of RMB200 million repayable at maturity.
• RMB325 million in 3-year bilateral facilities including options to extend maturity up to 5 years. Mersen now has more than €400 million in committed credit facilities at its disposal and has drawn down
around 50% of this amount. The average maturity of utilized credit facilities currently stands at close to 5 years.
This deal is part of the medium-term strategy to expand Mersen's activities in China, a country harboring strong growth potential in the Group's markets.
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About MersenGlobal expert in materials and solutions for extreme environments as well as in the safety and reliability of electrical equipment, Mersen designs innovative solutions to address its clients' specific needs to enable them to optimize their manufacturing process in sectors such as energy, transportation, electronics, chemical, pharmaceutical and process industries.
The Group is listed on NYSE Euronext Paris - Compartment BVisit our website www.mersen.com
Contact Press ContactVéronique Boca Nicolas Jehly / Guillaume Granier
VP Communication FTI Consulting Strategic Communications
Mersen Tel: +33 (0)1 47 03 68 10
Tel: + 33 (0)1 46 91 54 40 Email: nicolas.jehly@fticonsulting.com/ Email: dri@mersen.com guillaume.granier@fticonsulting.com
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