Bank of China contributes to a $1 billion USD syndicated revolving credit facility to NYSE Euronext for general corporate and refinancing purposes

Project narrative

On June 15, 2012, a syndicate of four banks — the New York Branch of the Bank of China (BOC), Citigroup Global Markets Inc., J.P. Morgan Securities LLC, and Merrill Lynch, Pierce, Fenner & Smith Incorporated as joint lead arrangers and bookrunners — entered into a $1.0 billion USD senior unsecured revolving credit facility (RCF) agreement with NYSE Euronext, Inc. — a Delaware-incorporated New York City-headquartered multinational financial services company operating securities exchanges in the United States and Europe such as the New York Stock Exchange, Euronext, NYSE MKT, NYSE Alternext, and NYSE Arca and itself listed on the New York Stock Exchange and Euronext Paris — for general corporate and refinancing purposes. This RCF carried a maturity period of three years and a final maturity date of June 15, 2015. The proceeds were to be used for general corporate purposes and activities, to support the borrower's commercial paper program, and to refinance the borrower's existing $1.2 billion USD credit facility entered into 2007 as a $2 billion USD facility and scheduled to mature on July 31, 2012. As of December 31, 2012, this RCF had not been drawn. As of March 31, 2013, the RCF had not been drawn.