AcadeMedia signs a new loan agreement
AcadeMedia has signed a new loan agreement with DNB and SEB to refinance existing loans to an amount of SEK 1,650 million until the middle of 2025 with the possibility to extend until 2027. Annual amortization will decrease by SEK 34 million which will positively impact cash flow. Following a tender process, AcadeMedia has entered into a new loan agreement with DNB and SEB that will come into effect beginning of July 2022. The terms of the new agreement are in short: · The total loan amounts to approximately SEK 1 650 million, in several currencies, including SEK 700 million of