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2018-12-12 18:30 CET
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Nexans : Nexans renews its 600 million euros revolving credit facility

PRESS RELEASE

Nexans renews its 600 million euros revolving credit facility

Paris La Défense, December 12, 2018 - Nexans signed a € 600 million Revolving Credit Facility with 11 of its core banks for a period of five years, thereby extending the tenor of the Group's access to liquidity until 2023.

This facility amends and restates the € 600 million Revolving Credit Facility signed by the Group in 2015 that was due to expire in December 2020.

About Nexans

As a global leader in advanced cabling and connectivity solutions, Nexans brings energy to life through an extensive range of best-in-class products and innovative services. For over 120 years, innovation has been the company's hallmark, enabling Nexans to drive a safer, smarter and more efficient future together with its customers.
Today, the Nexans Group is committed to facilitating energy transition and supporting the exponential growth of data by empowering its customers in four main business areas: Building & Territories (including utilities, smart grids, e­mobility), High Voltage & Projects (covering offshore wind farms, submarine interconnections, land high voltage), Telecom & Data (covering data transmission, telecom networks, hyperscale data centers, LAN), and Industry & Solutions (including renewables, transportation, Oil & Gas, automation, and others).
Corporate Social Responsibility is a guiding principle of Nexans' business activities and internal practices. In 2013 Nexans became the first cable provider to create a Foundation supporting sustainable initiatives bringing access to energy to disadvantaged communities worldwide. The Group's commitment to developing ethical, sustainable and high-quality cables drives its active involvement within several leading industry associations, including Europacable, the National Electrical Manufacturers Association (NEMA), International Cablemakers Federation (ICF) or CIGRE to mention a few.
Nexans employs more than 26,000 people with industrial footprint in 34 countries and commercial activities worldwide. In 2017, the Group generated 6.4 billion euros in sales. Nexans is listed on Euronext Paris, compartment A.

For more information, please visit: www.nexans.com & follow us on:    

Contacts :

Investor relations
Michel Gédéon
Tél. : +33 (0)1 78 15 05 41
michel.gedeon@nexans.com

 

Marième Diop
Tel: +33 (0) 1 78 15 05 40 marieme.diop@nexans.com

 
Press
Paul Floren
Tél +33 1 78 15 04 78 paul.floren@nexans.com

 

Angéline Afanoukoe
Tél. : +33 (0)1 78 15 04 67
angeline.afanoukoe@nexans.com
HUG#2228859