Brief: Dustin Refinances Long-Term Loan Agreements

Dustin AB

05/10/2021 14:32

Oct 5 (Reuters) - Dustin Group AB  DUST.ST :
    * DUSTIN REFINANCES LONG-TERM LOAN AGREEMENTS
    * DUSTIN REFINANCES LONG-TERM LOAN AGREEMENTS
    * HAS COMPLETED A REFINANCING OF ITS LOANS FROM CREDIT
INSTITUTIONS.
    * A CREDIT FACILITY AGREEMENT TOTALING APPROXIMATELY SEK
5,000
MILLION, CONSISTING OF A LONG-TERM LOAN FACILITY OF EUR 250
MILLION AND A REVOLVING CREDIT FACILITY OF SEK 2,500 MILLION,
HAS BEEN ENTERED INTO WITH NORDEA BANK APS, A BRANCH IN SWEDEN,
SVENSKA HANDELSBANKEN AB AND SWEDBANK AB AS ARRANGERS.
    * INITIALLY, EQUIVALENT OF APPROXIMATELY SEK 4,500 MILLION
WILL BE
UTILIZED.
    * MOST OF NEW CREDIT FACILITY IS USED TO REFINANCE EXISTING
BANK
LOANS AND BRIDGE FINANCING RAISED IN CONNECTION WITH ACQUISITION
OF CENTRALPOINT
    * TERM OF CREDIT FACILITY AMOUNTS TO 3 YEARS WITH
POSSIBILITY OF
AN EXTENSION FOR A TOTAL OF 2 YEARS

Source text for Eikon:  ID:nWkr8n6Mbf 
Further company coverage:  DUST.ST 

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