OREANDA-NEWS. November 14, 2012. BG Group announces a new 5-year USD 3 billion syndicated committed credit facility which replaces USD 2.3 billion of expiring bilateral committed credit lines, reported the press-centre of BG Group.  

The execution of this new revolving credit facility was coordinated by Bank of America Merrill Lynch and HSBC Bank plc and it includes a diversified group of international banks.

The new facility is in addition to the USD 2.2 billion of 5-year bilateral committed credit lines secured in 2011, taking the total of BG Group’s undrawn committed bank borrowing facilities to USD 5.2 billion.

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Notes to Editors:
BG Group plc (LSE: BG.L) is a world leader in natural gas, with a strategy focused on connecting competitively priced resources to specific, high-value markets. Active in more than 20 countries on five continents, BG Group has a broad portfolio of exploration and production, liquefied natural gas (LNG) and transmission and distribution business interests. It combines a deep understanding of gas markets with a proven track record in finding and commercialising reserves.