Loomis signs a three-year credit facility of EUR 150 million
Loomis AB has secured a EUR 150 million syndicated revolving credit facility with a three-year term, which includes two one-year extension options. This facility replaces an existing credit line set to mature in January 2024. The funds will support working capital, investments, and general corporate purposes. Major banks involved in the arrangement include Bank of America, Danske Bank, NatWest, Nordea Bank, and Société Générale.
- Secured a new credit facility of EUR 150 million, enhancing financial flexibility.
- Replaces an existing facility, ensuring continued access to capital until at least January 2027.
- None.
The facility can be used for financing of working capital, investments, and other general corporate purposes.
The lead arrangers are Bank of America, Danske Bank, NatWest,
This press release is also available on the company's website, www.loomis.com
January 27, 2023
CONTACT:
Kristian Ackeby
Chief Financial Officer
Mobile: +46 70 569 69 98
Email: kristian.ackeby@loomis.com
Jenny Boström
Head of Investor Relations
Mobile: +46 79 006 45 92
Email: jenny.bostrom@loomis.com
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