Europe

KLM refinances revolving credit facility

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KLM refinances revolving credit facility

KLM has completed a €575 million revolver replacing a €540 million loan from July 2011, which matures in July 2016. KLM increased the latest deal from launch its €500m launch price in syndication as it was oversubscribed. Even so the fall of the euro against the US Dollar means that KLM’s ne...

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