Clariant signs revolving credit facility agreement
Clariant AG (SIX: CLN), a world leader in specialty chemicals, announced on December 19, 2016 the signing of a CHF 500 million multicurrency revolving credit facility. The unsecured RCF includes an accordion increase opinion and two extension options. The syndicate consists of relationship banks.
Lenz & Staehelin acted as counsel to the mandated lead arrangers. The team was led by Marcel Tranchet and included Patrick Hünerwadel and Christian Schneiter.