1515
Annons
Vestum has entered into a new credit facility agreement of SEK 600 million with an accordion option of up to SEK 400 million

Vestum AB (publ) has entered into a new agreement regarding a multicurrency revolving credit facility. The facility amounts to SEK 600 million with an accordion option of up to SEK 400 million. The facility has a maturity in September 2024 with possibilities to extend until February 2027.

- By entering into this facility, Vestum further strengthens its financial position. The proceeds from the facility will be used for strengthening the liquidity for future acquisitions and investments in our companies. This is an important step on our journey to reach our financial target of an EBITA of SEK 3 billion in 2025, says Olof Andersson, CFO of Vestum.

The commitments under the credit facility agreement are split equally between Skandinaviska Enskilda Banken AB (publ) and Swedbank AB (publ). Advokatfirman Hammarskiöld & Co acted as legal advisor to Vestum in connection with Vestum entering into the new facility agreement.

Source: MFN
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