CORRECT: Carlsberg Seeks EU2.5 Billion Credit Line

Co. syndicating revolving credit facility to refinance two existing credit lines totalling EU2.55b. * Tenor: 5y, with two 1y extension options * Margin: E+40 bps * Purpose: Refinance EU1.75b RCF maturing 2015 and EU800m RCF due 2016 * Utilization fees: 10 bps first-draw; 20 bps for 33% drawn; 40 bps for 66% * Information from three people familiar with the transaction, who asked not to be identified because the terms are private * “We keep under constant consideration the opportunity to refinance our existing facilities in light of current market conditions,” co. spokesman Ben Morton said in an e-mail

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