Dometic renews its bank credit facilities agreement and signs credit facility with Svensk Exportkredit
Dometic has refinanced part of its credit facilities agreement with its bank group. The previous agreement covers a first part expiring in 2024 and a second part expiring in 2025. The renewed financing covers: · A floating rate term loan of USD 210 m previously expiring in 2024 has been replaced with a USD 220 m floating rate term loan with a 3+1+1 year maturity (3 years with two 1-year extension options). · The revolving credit facility of EUR 200 m previously expiring in 2024 has been replaced with a 3+1+1 year maturity (3 years with two 1-year extension options). In addition,