MOL Plc. signed a EUR 450 million credit facility agreement

MOL Plc. hereby informs the capital market participants that on 10 September 2010, it signed a EUR 450 million revolving credit facility agreement that refinances the EUR 525 million revolving credit facility expiring on 2 October 2010. As part of the transaction, the Forward Start facility, concluded in November 2009 with tenor of 18+6 months for refinancing purposes will be cancelled. The new facility has more favourable conditions compared to those of the Forward Start credit facility due to the stabilizing commercial banking environment and MOL’s improved credit rating. The tenor of the facility is 3 years which can be extended by further 1 year.

For further information, please contact:

Investor Relations         + 36 1 464 1395
facsimile:                     + 36 1 464 1335

Publish date: 
2010-09-10 (All day)