Nordex lands new credit facility

The German wind OEM has secured a new credit facility worth EUR 1.21 billion.

Photo: Tobias Schwarz/Reuters/Ritzau Scanpix

German wind turbine manufacturer Nordex has secured a credit facility of EUR 1.21 billion, the OEM writes in a press statement and adds that it is most pleased with the financial windfall.

The credit, issued by an international syndicate of banks including BNP Paribas and Commerzbank, has a term of three years with a option to extend.

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