Syndicated Loan Facility

In March 2011 Bayer closed a EUR 3.5 billion revolving credit facility with a group of 29 banks as a source of general business financing and as a back-up line for its Commercial Paper Programme.

Since breaking up of West LB, there have been 28 banks left in the consortium.

The pricing and the maturity date of the facility was adjusted in December 2013.

Per December 2013, the facility has a tenor of five years with two 1-year extension options.

The credit facility was arranged by BNP Paribas, Deutsche Bank and The Royal Bank of Scotland and is provided by Bayer's core banks.

Last updated: March 23, 2016 Copyright © Bayer AG