Henkel Signs 800 Million-Euro Revolving Credit Facility
Henkel AG (HEN3), the German maker of Persil detergent, signed a $800 million-euro ($1.1 billion) revolving credit line, according to an e-mailed statement from the company.
The five-year facility includes two one-year extension options, the Dusseldorf-based company said. An existing $700 million-euro five-year facility signed in March 2010 will remain in place.
Citigroup Inc. and Deutsche Bank AG coordinated the loan, according to the statement.
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