Senvion – which has been the subject of repeatedspeculation over a possible flotation or sale by Suzlon – tied up the loan torefinance €750m of creditfacilities expiring in August this year.

The latest three-year syndicated loan includes 14 internationalbanks and credit insurance companies, and was “significantly oversubscribed”, saida statement.

The consortium is headed by BayernLB, CommerzbankAktiengesellschaft and Deutsche Bank.

The wider Suzlon group has been engaged in a lengthybattle to stabilise its finances and restructure its own debts, and Senvion – know until recently as REpower – is seenas pivotal to its future prospects.

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