The
Danish
turbine
manufacturer
says
final
credit
approval
and
documentation
has
been
obtained
for
credit
lines
of
€1.155bn
($1.53bn)
from
a
range
of
international
banks,
and
a
€600m
corporate
Eurobond.
As
well
as
the
new
credit
facilities,
Vestas
has
also
finalised
an
agreement
on
the
issuance
of
project-related
guarantees.
Vestas
announced
the
credit
package
in
November
as
a
replacement
for
an
existing
€1.3bn
syndicated
facility.
It
said
then
that
a
review
had
shown
that
the
revised
agreements
“are
sufficient
to
support
the
company’s
new
operating
business
model
without
the
need
for
an…
