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Metso refinancing adds short term funding

METSO Corporation has signed a five-year revolving 450 million euro credit facility agreement with a syndicate of 14 banks to primarily provide short term funding.

Rebecca Keenan

The new agreement will replace two existing revolving credits - EUR230 million on credit from 1998 and the remaining EUR400 million of the credit from 2000 - while extending the maturity of the credit...

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