Stillfront
Stillfront Group secures a new unsecured revolving credit facility of SEK 2.5 billion
Stillfront has signed an unsecured revolving credit facility of SEK 2.5 billion with maturity in June 2027. The new credit facility gives Stillfront cost-effective financing, an increased financial flexibility, and a prolonged time to maturity.
The new revolving credit facility will replace the unsecured revolving credit facility of SEK 3.75 billion provided under the facilities agreement entered into in December 2020 and extended under its two-year extension option in November 2022.
“We are pleased to have secured a new credit facility at favorable terms, reflecting the continued trust and collaboration with our bank partners. This facility materially extends our maturity profile and marks the culmination of a comprehensive refinancing program executed over the past year, ensuring a robust and cost-efficient financing platform to support our long-term strategy”, says Andreas Uddman, CFO.
The facility is supported by DNB Bank ASA, Sweden Branch; Nordea Bank Abp, filial i Sverige; and Swedbank AB (publ). Mannheimer Swartling acted as legal advisor to Stillfront.
| Datum | 2024-12-19, kl 17:45 |
| Källa | MFN |
Kom igång med ditt sparande på bara några minuter! Hos Avanza handlar du aktier från 0 kr på Stockholmsbörsen och får tillbaka alla fondavgifter (ja, alla!) upp till 50 000 kr i samlat sparande. Kanske är det därför Avanza har Sveriges nöjdaste sparare 15 år i rad.