Alimak Group signs a MSEK 2,500 revolving credit facility
Alimak Group has signed a new multi-currency revolving credit facility with Handelsbanken. The facility has a tenor of five years and includes two extension options of one year, at the approval of the lender. This facility will replace the existing MSEK 2,000 credit facility originally dated June 25, 2015 and the amendment dated July 11, 2016.
For Alimak Group, the refinancing means an increase of the existing financing with MSEK 500 on improved terms, including lower pricing and longer maturity.
For further information, contact:
Mathilda Eriksson, IR Manager, +46 8 402 14 41
About Alimak Group
Alimak Group is a world-leading provider of vertical access solutions for the industry and construction sectors. With a presence in more than 100 countries, Alimak develops, manufactures, sells and provides service to vertical access solutions with focus on adding customer value through greater safety, higher productivity and improved cost efficiency. The Group´s products and solutions are sold under the brands Alimak Hek, CoxGomyl, Manntech and Avanti. Alimak has an installed base of more than 67,000 elevators, hoists, platforms, service lifts and building maintenance units around the world. Founded in Sweden 1948, Alimak has its headquarters in Stockholm, 12 manufacturing facilities in 8 countries and 2,400 employees around the world. www.alimakgroup.com