TenneT to increase revolving credit facility to EUR 1,125 million

07-06-2010 On 4 June 2010, TenneT Holding B.V. increased its existing EUR 875 million revolving credit facility from EUR 875 million to EUR 1,125 million. In addition, owing to TenneT's strong credit profile, the pricing of the facility was decreased and its maturity date was extended from May 2012 to June 2015. Participating banks were: Barclays, BNG, BNP Paribas, Deutsche Bank, Fortis Bank (Nederland), ING, Lloyds, Rabobank and RBS (coordinator).

Earlier this year TenneT issued  € 1,7 billion of medium to long-term bondsto pay for the acquisition of transpower and finance its investment programme in the Netherlands and Germany.