Pagero enters into a new financing arrangement to finance its proposed acquisition of Tungsten Corporation Plc and expand its financing facilities
This announcement and the information contained herein is not considered to have a significant impact on the Pagero Group’s performance.Pagero Group AB (publ) (“Pagero”) has entered into an arrangement pursuant to which Pagero has issued senior secured floating rate notes (the “Notes”) in a principal amount of SEK 750 million (the “Notes Financing”), which replaces the Pagero Group’s former main bank financing arrangement. The net proceeds of the initial Notes will be applied towards the financing of Pagero’s cash offer announced earlier today to acquire the entire issued and to be issued