Nokian Tyres Signs Revolving Credit Facility

Nokian Tyres says it signed a 180 million euro syndicated revolving credit facility for three years with international banks on November 4. The facility, the company reports, will be used for general corporate purposes and to refinance the existing 180 million euro syndicated revolving credit facility signed on April 19, 2005. The Mandated Lead Arrangers and Bookrunners are Calyon, Handelsbanken, Nordea, Pohjola Bank, Sampo Bank and SEB. DnB NOR acts as an arranger. Pohjola Bank was the sole coordinator for the facility, Nokian adds.