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CMS advises MOL on EUR 750m revolving credit facility

11 January 2018

CMS advised the Hungarian multinational oil and gas company on a EUR 75m revolving credit facility provided by a group of 13 banks. The new facility was arranged as a club deal with a group of MOL's relationship banks. It has a tenor of five years (with two one year extension options), and can be drawn in both euros and US dollars. Societe Generale acted as the facility agent.

The CMS team assisting MOL included Partners Simon Dayes and Erika Papp and Consultant Stefania Lepore.