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Heineken Plans $2.8B Loan Refinancing

Dutch brewing company, Heineken, is planning to secure a new credit facility to refinance its $2.8 billion existing credit line.

    Dutch brewing company,Heineken, is planning to secure a new credit facility to refinance its $2.8 billion existing credit line,Bloombergreports. The company seeks to replace the revolving credit facility in 2011, a year before it is due.

    The maker ofAmstelandNewcastle Brown Alesigned its existing credit line in 2003.Barclays Capital,Citigroup,Credit SuisseandJPMorgan Chasewere the joint book-runners for the transaction.

    Click here for the story fromBloomberg.

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