Brief: Attendo Enters Into New Financing Agreement

Attendo AB (publ)

27/11/2019 13:10

Nov 27 (Reuters) - Attendo AB (publ)  ATTE.ST :
    * ATTENDO AB - ATTENDO HAS ENTERED INTO A NEW FINANCING
AGREEMENT
    * AGREEMENT ON A NEW LONG-TERM CREDIT FACILITY ANNOUNCED IN
CONNECTION WITH QUARTERLY REPORT FOR Q3 HAS NOW BEEN FINALIZED
    * NEW AGREEMENT REPLACES EXISTING CREDIT FACILITIES THAT
WERE
ENTERED INTO IN CONNECTION WITH IPO IN 2015
    * NEW LOAN AGREEMENT COMES INTO FORCE ON NOVEMBER 29, 2019
    * NEW LOAN AGREEMENT IS DIVIDED INTO TWO LONG-TERM LOANS OF
SEK
1,250 MILLION AND EUR 125 MILLION, AS WELL AS A REVOLVING CREDIT
FACILITY OF SEK 1,800 MILLION
    * LOAN AGREEMENT HAS A MATURITY OF THREE YEARS WITH
POSSIBILITY OF
AN EXTENSION OF UP TO TWO YEARS.
    * IN CONNECTION WITH NEW LOAN AGREEMENT, LOANS THAT ARE
INCLUDED
UNDER EXISTING LOAN AGREEMENT WILL BE REPAID
    * Q4 OF 2019 WILL BE CHARGED WITH A ONE-OFF COST OF
APPROXIMATELY
SEK 10 MILLION.
    * COMMITMENTS UNDER LOAN AGREEMENT ARE DIVIDED EQUALLY
BETWEEN
SCANDINAVIAN ENSKILDA BANKEN AB (PUBL), DANSKE BANK A / S AND
NORDEA BANK PLC.

Source text for Eikon:  ID:nNDL3T9Chy 
Further company coverage:  ATTE.ST 

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