MOL Inks €1B Revolving Credit Facility

Hungarian oil and gas company MOL has secured a €1 billion revolving credit facility.

Hungarian oil and gas company MOL has secured a €1 billion revolving credit facility, Reuters reports. The new loan has financed an existing €700 million revolving credit facility maturing in May 2012.

The loan also funded part of another €825 million facility. The new facility will expire in five years, but can be extended.

Click here for the story from Reuters.

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