Heineken Plans $2.8B Loan Refinancing

Dutch brewing company, Heineken, is planning to secure a new credit facility to refinance its $2.8 billion existing credit line.

Dutch brewing company, Heineken, is planning to secure a new credit facility to refinance its $2.8 billion existing credit line, Bloomberg reports. The company seeks to replace the revolving credit facility in 2011, a year before it is due. The maker of Amstel and Newcastle Brown Ale signed its existing credit line in 2003. Barclays Capital, Citigroup, Credit Suisse and JPMorgan Chase were the joint book-runners for the transaction.

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