Viergas refinances €600 million revolver

By William Gullotti

Buffalo, N.Y., Sept. 26 – Vier Gas Transport GmbH (Viergas) refinanced its €600 million revolving credit facility on Tuesday to accommodate future investments and bolster liquidity, according to a press release.

The new revolver replaces one of equal size that would have matured in August 2024, but was simultaneously terminated at signing.

The new revolver has a tenor of five years and includes extension options for up to two more years.

Details, such as administrative agent and interest rate, were not disclosed in the press release.

Viergas is a German natural gas carrier.

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