MET Group Signs EUR 1.1 Billion Credit Facility

Met Group secures borrowing base for gas trading

Swiss-based energy company Met Group has amended and extended its €1.1bn borrowing base facility with several major banks, securing funds to import LNG and to store and sell natural gas. The facility was structured and led by ING, which served as coordinator and security and facility agent. The active bookrunning mandated lead arrangers were Rabobank, Natixis CIB and Société Générale. Thirteen additional international banks also participated. Th…

MET Group signs EUR 1.1 billion credit facility

Swiss-based energy company MET Group has signed the amendment and extension of its EUR 1.1 billion Borrowing Base Facility (BBF) for its Sales & Trading segment. The Borrowing Base Facility was structured and led by ING Bank N.V. as Coordinator, Security and Facility Agent, joined by Coöperatieve Rabobank, Natixis CIB and Société Générale as active Bookrunning Mandated Lead Arrangers, and backed by a pool of 13 additional international banks. Th…