Loomis issues commercial papers
Loomis has today completed a first issue under its recently established Swedish commercial paper program.
The program enables Loomis to issue commercial papers up to a total amount of SEK 1,500 million. Commercial papers can be issued up to 12 months under the program. The commercial paper program forms a complement to Loomis core funding, diversifies the debt structure and creates increased flexibility concerning management of debt and liquidity. Loomis expects that the program will have a positive impact on the group’s financial net.
Arranger of the program is Nordea and dealers are Nordea, Danske Bank and SEB.
Cell number: +46 70 810 85 59
Loomis offers safe and effective comprehensive solutions for the distribution, handling and recycling of cash for banks, retailers and other commercial companies via an international network consisting of almost 400 branch offices in 16 countries. Loomis has 20 000 employees and annual revenue of 11 billion Swedish kronor. Loomis is a midcap listed company on NASDAQ OMX Stockholm.
Loomis AB discloses the information provided herein pursuant to the Swedish Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 8.00 a.m. (CET) on February 20th, 2013.