Ovako extends Pension Insurance Line and Revolving Credit Facility agreements
Ovako has extended its Pension Insurance Line and Revolving Credit Facility agreements until end of February 2019.Ovako has a Pension Insurance Line of SEK 440 million and a Revolving Credit Facility of Euro 40 million which both were set to mature in November 2018. To better align the company's credit and bond structure, the company has today extended these agreements until end of February 2019. Conditions for both agreements, other than the termination dates, remain the same. As previously published, the Ovako AB (publ) €300 million Senior Secured Note matures June 2019.
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