Projektengagemang Sweden AB (publ) SEK 381,000,000 Term Facilities and SEK 100,000,000 Revolving Credit Facility
On 2018-11-27 Projektengagemang Sweden AB (publ) (“Projektengagemang”) announced the acquisition of the civil engineering specialist Integra Engineering AB (“Integra”) and its subsidiaries.Projektengagemang has secured committed bank financing of SEK 125,000,000 (“Acquisition facility”) for the acquisition from Skandinaviska Enskilda Banken AB (“SEB”). The acquisition financing consists of (i) a SEK 125,000,000 term loan facility with a tenor of three years from the closing and ii) SEK 125,000,000 in own cash. In addition to the Acquisition Facility, Projektengagemang has been provided