DENMARK: Carlsberg firms up financing
Carlsberg secures fresh credit facility
Carlsberg has put its finances on a more solid footing by agreeing a five-year, EUR1.75bn (US$2.05bn) credit facility with its major lenders.
Carlsberg said today (4 October) that it will use the multi-currency, revolving credit facility for "general corporate purposes, as well as partial refinancing and cancellation of the Scottish & Newcastle acquisition facilities from October 2007".
The Denmark-based brewer raised its target from EUR1.5bn following strong interest from 21 banks. "We are very pleased with the terms of the new credit facility and the confidence that our banks once again have shown us," said Carlsberg's deputy CEO and CFO, Jørn Jensen.
- Interview - Pernod Ricard's luxury director
- What's coming up in wine in 2017? - Comment
- Chile's winemakers caught out by Brexit "disease"
- The just-drinks Analyst - 2017 forecasts
- What's coming up in beer in 2017? - Comment
- Diageo Australia names new commercial head
- Suntory sends staff to fat camp - report
- "Beer and weed are complements" - analyst
- Edrington readies Americas, GTR exec switches
- Pernod Ricard's Absolut Lime - NPD
- Global vodka insights - market forecasts, product innovation and consumer trends
- The Next Seven Big Beverage Markets
- Global Cognac insights - market forecasts, product innovation and consumer trends
- Darker Than Before: Global Prospects for Brown Spirits
- Global gin insights - market forecasts, product innovation and consumer trends