Peab has signed a new revolving credit facility for 7.4 billion SEK
Peab has refinanced a credit facility totaling 4.0 billion SEK that matures in September 2020 with a new credit facility for 7.4 billion SEK. The new agreement matures on September 16, 2022 with the option to extend with one plus one year.Five banks are involved in the transaction. The five creditors in the group of banks are Nordea, Swedbank, Danske Bank, Handelsbanken and Skandinaviska Enskilda Banken. The transaction is coordinated by Nordea. The loan agreement is Peab’s long-term basic financing that is supplemented with capital market financing, other kinds of short-term operating