LANXESS has prolongated sustainable revolving credit facility with core banks
- Term extended until December 2026
- Volume of €1 billion confirmed
„By extending our revolving credit facility, our banking partners express their support for the strategic direction of LANXESS as well as their commitment to our long-term financing”, said Michael Pontzen, LANXESS Chief Financial Officer.
In addition to the undrawn revolving credit facility, LANXESS has access to bilateral credit lines totaling €750 million. The facilities are currently undrawn.
Forward-Looking Statements
This company release contains certain forward-looking statements, including assumptions, opinions, expectations and views of the company or cited from third party sources. Various known and unknown risks, uncertainties and other factors could cause the actual results, financial position, development or performance of LANXESS AG to differ materially from the estimations expressed or implied herein. LANXESS AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors, nor does it accept any responsibility for the future accuracy of the opinions expressed in this presentation or the actual occurrence of the forecast developments. No representation or warranty (expressed or implied) is made as to, and no reliance should be placed on, any information, estimates, targets and opinions contained herein, and no liability whatsoever is accepted as to any errors, omissions or misstatements contained herein, and accordingly, no representative of LANXESS AG or any of its affiliated companies or any of such person's officers, directors or employees accepts any liability whatsoever arising directly or indirectly from the use of this document.
Information for editors:
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