Brief: Scandic Hotels Signs SEK 3.25 Bln Credit Facility Agreement

Scandic Hotels AB

01/07/2024 06:55

July 1 (Reuters) - Scandic Hotels Group AB  SHOTE.ST :
    * SCANDIC LAUNCHES SUSTAINABILITY-LINKED LONG-TERM FINANCING
    * CREDIT FACILITY AMOUNTS TO 3,250 MILLION SEK WITH
POSSIBILITY TO
INCREASE TO 3,750 MILLION SEK UPON AGREEMENT WITH LENDERS
    * NEW AGREEMENT WILL COME INTO EFFECT ON JULY 1, 2024 AND
WILL RUN
FOR THREE YEARS WITH POSSIBILITY TO EXTEND FOR AN ADDITIONAL TWO
YEARS

Source text for Eikon:  ID:nWkr59hBC0 
Further company coverage:  SHOTE.ST 

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