01 July 2009 08:57 [Source: ICIS news]
The facility would be activated on 3 March 2011 for general corporate purposes when Linde’s existing €2bn credit program expires.
"This forward start facility further strengthens the financing flexibility of the Linde group until 2013," said CFO Georg Denoke.
The group has a long-term corporate credit rating of “BBB+” with a positive outlook from Standard & Poor's and a “Baa1” rating from Moody’s Investor Service.
($1 = €0.71)
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