Boliden enters into MEUR 400 syndicated credit facility
Boliden has together with 14 banks entered into a syndicated multi-currency revolving credit facility agreement amounting to MEUR 400. The facility has a tenor of five years and replaces an existing facility agreement amounting to MEUR 410 maturing in 2012/2013.
Boliden’s total credit facilities, after entering into the new facility, amounts to 15 billion SEK and the average duration of Boliden’s debt portfolio is 4,0 years.
The new facility is planned as a backup facility and is initially unutilized.
For further information, please contact:
Marcela Sylvander, Director Group Communications, +46 8 610 1559, +46 733 244 551
Boliden is a metals company with a commitment to sustainable development. Our roots are Nordic, but our business is global. The company’s core competence is within the fields of exploration, mining, smelting and metals recycling. Boliden has a total of approximately 4,400 employees and an annual turnover of approximately SEK 40 billion. Its shares are listed on NASDAQ OMX Stockholm, segment Large Cap, and on the Toronto Stock Exchange in Canada.