Jonathan French, a London-based spokesman for Shell, confirmed the company’s existing credit line expires in 2015. He declined to comment on the new debt facility.

By Stephen Morris November 14, 2013
Royal Dutch Shell Plc (RDSA) is seeking a $6 billion credit line to replace an existing loan as banks cut borrowing costs for Europe’s largest companies to the lowest in more than five years.
Europe’s largest oil and gas producer is offering to pay an interest margin of 12.5 basis points, or 0.125 percentage point, more than the benchmark rates on the five-year loan, according to three people with knowledge of the matter, who asked not to be identified because the terms are private. Barclays Plc is helping to arrange the financing for the company based in The Hague. read more
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