Artificial Solutions closes SEK 250 million credit facility
Today Artificial Solutions International AB (“Artificial Solutions” or the “Company” and together with its subsidiaries the “Group”) closed a 5-year credit facility of SEK 250 million, carrying an interest margin of 9.5% and with a PIK (payment in kind) interest by Capital Four’s fund, Capital Four Private Debt IV Fund. Capital Four is one of the largest independent credit asset management companies in the Nordics with a total of EUR 15 billion in assets under management. The Company announced the signing of the term sheet for the credit facility already on October 5, 2021 and the