Storskogen enters into a new term facility agreement
Storskogen Group AB (publ) (“Storskogen”) has entered into a new, unsecured syndicated term facility agreement of EUR 300 million. The purpose of the facility agreement is to refinance a portion of the outstanding revolving loan under Storskogen’s existing revolving credit facility agreement, dated 24 September 2021, of EUR 1 billion. Thereby increasing the group’s overall financial flexibility.The new facility, which is denominated in EUR, has a term of 1.5 years with an extention option of 1 year. The agreement was reached with a group of core relationship banks. ”We are very pleased