MOL Group wins the 2014 best CEE syndicated loan deal
- MOL Group has been awarded for its landmark USD 1.55 billion syndicated loan deal
- MOL Group competed with KGHM Polska USD 2.5 billion and Slovak Gas USD 2.42 billion deals
- Global Capital Syndicated Loan and Leveraged Finance Awards recognizes best in class banks, borrowers and transactions worldwide
LONDON, United Kingdom, 12th February 2015 – MOL Group has been recognized by Global Capital (ex EuroWeek) Syndicated Loan and Leveraged Finance Awards for its revolving credit facility agreement worth USD 1.55 billion with a group of 15 banks. MOL Group achieved through the deal highly competitive conditions with a margin of 115 basis points with 5+1+1 years maturity available to top quality borrowers only.
MOL Group’s outstanding approach to access funds has been recognized by Global Capital, a leading news, opinion and data service for the financial market players. The award-winning credit facility further enhanced the financial profile and the liquidity position of MOL Group and contributed to preserve its existing commercial banking partnerships while introducing new lenders as well.
„We are honoured to receive this prestigious award which recognizes our ambition and capability to conclude this landmark transaction both from amount and tenor perspective. The deal confirmed that the market has strong appetite for MOL Group's risk profile.”- Zsuzsanna Ortutay, Director of MOL Group Treasury added.
The Awards are based entirely on market opinion and as such they are a highly credible recognition of which banks, borrowers and transactions have most impressed market participants each year.
About GlobalCapital Awards
The GlobalCapital Syndicated Loan and Leveraged Finance Awards are the European market’s leading Awards and annual celebration of achievement in this field.The nominations are published in GlobalCapital’s Review of the Year at the beginning of January, and then viewed by the Loan Syndicate Managers’ Forum, which give feedback on the nominations.