Brief: Hexatronic Signs New SEK 500 Mln Senior Term Loan Facility

Hexatronic AB

13/11/2023 11:48

Nov 13 (Reuters) - Hexatronic Group AB  HTRO.ST :
    * REG-HEXATRONIC SIGNS A NEW SEK 500 MILLION SENIOR TERM
LOAN
FACILITY
    * ENTERED INTO A NEW SENIOR TERM LOAN FACILITY AGREEMENT OF
SEK
500 MILLION WITH ITS EXISTING LENDERS DANSKE BANK A/S,
SKANDINAVISKA ENSKILDA BANKEN AB (PUBL) AND AB SVENSK
EXPORTKREDIT
    * PURPOSE OF TERM LOAN IS TO REFINANCE SEK 500 MILLION
BORROWED
UNDER HEXATRONIC'S CURRENT REVOLVING CREDIT FACILITIES, THEREBY
PROVIDING FINANCIAL FLEXIBILITY
    * NEW TERM LOAN WILL BE USED TO REFINANCE EXISTING REVOLVING
CREDIT FACILITIES THERE IS NO IMPACT ON COMPANY'S NET DEBT OR
LEVERAGE RATIO.

Source text for Eikon:  ID:nGNE1cPCgM 
Further company coverage:  HTRO.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))