Satellite operator SES S.A. [Euronext Paris and Luxembourg Stock Exchange: SESG] has received a vote of confidence… of sorts. They have closed on a 550,000,000 euros Revolving Credit Facility after new and existing banks indicated their strong support . The facility closed considerably oversubscribed, and has been increased from a launch amount of 350,000,000 euros while still having a significant element of scale back for the committed banks. The syndicate comprises 20 banks. The facility, which was arranged by ABN AMRO Bank N.V., The Bank of Tokyo Mitsubishi UFJ, Ltd., BNP Paribas and Fortis Bank S.A./N.V., is for general corporate purposes and has been structured as a two year multicurrency revolving credit facility, with a one year extension option at the discretion of the lenders—Betzdorf, Luxembourg
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