Alstom Extends Its Committed €9 Billion Bonds and Guarantees Facility

Regulatory News :

On 21 March, Alstom (Paris:ALO) signed with 18 international banks an amendment to extend the drawing maturity of its committed bonds and guarantees revolving facility until July 2016 and increase its amount from €8.275 billion up to €9 billion to reflect the growing activity of the Group.

In line with its cautious financial policy, this extension will allow the Group to benefit from a committed capacity, on top of its large uncommitted capacity, to cover its bonding needs for the next three years.

About Alstom
Alstom is a global leader in the world of power generation, power transmission and rail infrastructure and sets the benchmark for innovative and environmentally friendly technologies. Alstom builds the fastest train and the highest capacity automated metro in the world, provides turnkey integrated power plant solutions and associated services for a wide variety of energy sources, including hydro, nuclear, gas, coal and wind, and it offers a wide range of solutions for power transmission, with a focus on smart grids. The Group employs 92,000 people in around 100 countries. It had sales of €20 billion and booked close to €22 billion in orders in 2011/12.