Vanobake NV, a family-owned Belgian baker, obtained a 30 million-euro ($38 million) revolving credit facility from three banks.
The multicurrency loan will be added to an existing 123.5 million-euro facility signed in 2007 that’s due to expire in December 2014, according to an e-mailed statement from KBC Bank NV, the agent for the financing. BNP Paribas’s Fortis Bank NV and ING Bank NV acted as mandated lead arrangers.
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