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MasterCard secures $8 billion credit facility

by UCapital MediaUCapital News newsroom1 min read
MasterCard secures $8 billion credit facility

MasterCard Inc enters a five-year unsecured USD8.00 billion revolving credit facility with Citibank, a subsidiary of Citigroup Inc.


Expiring on November 7, 2030, the facility amends and restates the company's previous facility of the same value that expired on Friday.


MasterCard says proceeds will be used for general corporate purposes.

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UCapital Asset Management LLP or group companies may have commercial relationships with the companies mentioned. This content is not financial advice.

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