Slaughter and May advised BHP Billiton in relation to the refinancing of its existing credit facilities with a new US$6 billion revolving credit facility. The new facility has a five year tenor with two one year extension options. It has been made available by a syndicate of existing and new relationship banks and was coordinated by Deutsche Bank and The Royal Bank of Scotland.

Ashurst Australia advised on Australian law and De Brauw Blackstone Westbroek advised on Dutch law.

CONTACTS

Financing: Philip Snell (partner), Latifah Meghji (associate); Tax: Jeanette Zaman (partner), Michael Ringer (associate)