SSM secures long-term loan financing – signs 2-year agreement to refinance company’s real estate loans
Today, as a step in safeguarding the company’s long-term loan financing, SSM Holding AB (publ) signed a two-year 114 MSEK loan agreement to refinance all of the company’s real estate loans. SSM already has a conditional agreement in place with the majority of the company’s bondholders to extend the company’s bond, which matures in May 2020. Costs for work to refinance the company’s real estate loans and bond will be expensed in the fourth quarter 2019 as a non-recurring item of approximately 14 MSEK.During 2019, SSM has taken measures to secure the company’s long-term financing and