January 13, 2017 / 8:38 PM / 7 months ago

BRIEF-Novelis : On Jan 10,co entered into a credit agreement - SEC filing

Jan 13 (Reuters) - Novelis Inc:

* On January 10, 2017, Novelis Inc entered into a credit agreement - SEC filing

* Term Loan credit agreement provided company with $1.8 billion of commitments, which company borrowed in full on January 13, 2017

* Term loan matures on June 2, 2022, subject to 0.25% quarterly amortization payments

* Proceeds of term loan were used to refinance in full Company's existing term loan credit agreement, dated as of December 17, 2010 Source text for Eikon:

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