Gamesa has agreed to extend its EUR 750 million syndicated loan facility until 2022 and improve the facility’s terms.
Gamesa says this action will lengthen the company’s maturity profile and make the loan repayable in a single bullet at maturity. The agreement was entered into by a group of 16 Spanish and international financial institutions.
Including this syndicated facility, Gamesa has other undrawn lines totaling approximately EUR 1.8 billion.
