Philips Electronics NV, Eindhoven signed a $2,500m revolving stand-by credit facility with a syndicate of international banks organised by Credit Suisse First Boston. Philips plans, as a consequence, to redeem prematurely by the end of this month the $800m balance of a $2,000m loan taken up in 1990. The new facility has a maturity of […]
Philips Electronics NV, Eindhoven signed a $2,500m revolving stand-by credit facility with a syndicate of international banks organised by Credit Suisse First Boston. Philips plans, as a consequence, to redeem prematurely by the end of this month the $800m balance of a $2,000m loan taken up in 1990. The new facility has a maturity of five years.
