Press Release


TNT partially extends €1 billion Revolving Credit Facility

Publish Date : 25 March 2008 at 08:30 CET - Amsterdam, TNT today announces the partial extension of its €1 billion Revolving Credit Facility (the “Facility”) as part of its strategy to maintain financial flexibility.

The facility, originally signed in March 2005 and expiring in full in 2012, will now comprise of €600 million expiring in March 2012 and €400 million expiring in March 2015. The Facility is used as liquidity backup for TNT's Euro-commercial paper programme and for general funding purposes.

BNP Paribas acted as mandated lead arranger and sole bookrunner on this transaction.

About TNT
TNT provides businesses and consumers worldwide with an extensive range of services for their mail and express delivery needs. Headquartered in the Netherlands, TNT offers efficient network infrastructures in Europe and Asia and is expanding operations worldwide to maximize its network performance. TNT serves more than 200 countries and employs around 161,500 people. Over 2007, TNT reported €11 billion in revenues and an operating income of €1,192 million. TNT is publicly listed on the stock exchange of Amsterdam. TNT recognizes its social responsibility, and has formed partnerships with the United Nations World Food Programme and the United Nations Environment Programme to fight hunger and pollution in the world.

Page publication date: 25 March 2008 at 08:30 CET