Bloomberg News

Marubeni Signs $515 Million 364-Day Loan to Replace Earlier Debt

February 28, 2012

Marubeni Corp. (8002) signed a 364-day revolving facility worth $515 million, according to data compiled by Bloomberg. The loan replaces an earlier facility of the same amount due this year, the data show.

Proceeds will be used to refinance debt and Citigroup Inc. and Credit Agricole SA (ACA) helped to arrange the bank debt, the data show.

To contact the editor responsible for this story: Katrina Nicholas at knicholas2@bloomberg.net


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