Both facilities are conditional upon the demerger of 70.1% of the Express group, which will be voted on in the Annual General Meeting of Shareholders on 25 May 2011. The two new facilities will replace the company’s existing €1.1 billion facilities. The facilities can be used for general funding purposes and as liquidity backup for a Euro commercial paper programme.
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 keeps optimising its global network performance. TNT serves more than 200 countries and employs about 160,000 people. Over 2010, the Express and Mail businesses of TNT had revenues of €7.05 billion and €4.29 billion, respectively. TNT is officially quoted on the Amsterdam Stock Exchange. TNT recognises 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. Our efforts are being recognised: In 2010 TNT was awarded super sector leader in the Industrial Goods and Services sector of the Dow Jones Sustainability Indexes for the fourth time in a row. More information about TNT can be found on its website http://group.tnt.com.
