Orkla ASA has established an international guarantee and credit facility of USD 600 million which matures in year 2001. Arrangers are Chemical Bank, Deutsche Bank Luxembourg (agent) and Union Bank of Switzerland. Participating are also Bayerische Landesbank, Christiania Bank og Kreditkasse, Commerzbank, Den Danske Bank, Den norske Bank, Enskilda, Handelsbanken, The Fuji Bank Ltd., Unibank, Banque Nationale de Paris, Citibank, Nordbanken, SBC Warburg and The Sumitomo Bank.
The guarantee is related to a USD 300 million loan from Eksportfinans with similar maturity.
Both loans are intended for general corporate purposes.
Bjørn Erik Næss, tel. +47 22 50 10 80