INA agreed on the extension of the maturity for 1 additional year with all participating lenders under the unchanged conditions.
INA published an announcement on the Zagreb Stock Exchange stating that they have signed a 1-year extension of the USD 300m revolving credit facility.
The mentioned agreement was signed with 7 bank groups in December 2018. The facility was arranged as a club deal with a three-year tenor and 2 one-year extension options. INA agreed on the extension of the maturity for 1 additional year with all participating lenders under the unchanged conditions. The company states that the extension of this facility further ensures stable financial support for INA operations and future investment activities.