The funds will be used for general corporate purposes, Dong said, without specifying further.

Both facilities include two 1-year extension options. They will replace both an existing €1.3bn credit facility that had been signed in August 2011 and bilateral facilities.

The credit facilities are supported by a select group of 14 Nordic and international banks, committing as book runners and mandated lead arrangers, with Nordea and The Royal Bank of Scotland plc  acting as coordinators.