Even after the cancellation, the MOL Group has sufficient liquidity headroom reflecting MOL’s strong financial position, they said in a release. The facility, a €2.1 billion multi-currency revolving loan, was signed with banks on October 2, 2007 for three years with bullet repayment and carried an interest rate of EURIBOR plus 27.5 basis points out of the box. This has been MOL’s largest Euro-denominated loan transaction so far. (MTI-ECONEWS)
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