News Headline Summary

Facebook (FB) entered credit pact up to USD 6.5bln

Says:
- Revolving credit facility replaces the Co.'s existing credit facilities and allows the company to borrow up to USD 6.5bln.
- Co. terminated its existing undrawn USD 5.0bln revolving credit facility with JPMorgan Chase bank and the lenders party.
- Interest under 2013 revolving credit facility will be payable on borrowed amounts set at libor plus 1.0%.

Print 21:03, 15 Aug 2013 - Asian News - Source: Newswires