SCA signs credit facility agreement of SEK 5 Billion and secures a SEK 1 Billion loan from the Nordic Investment Bank
Svenska Cellulosa Aktiebolaget SCA (publ) has signed a new credit facility of SEK 5 Billion. The new facilitety is a refinancing of the current undrawn credit facilitys of SEK 8 Billion that was signed in 2017. The credit facility is primarily a back-up facility that will remain undrawn and serve as a liquidity reserve for the company.The facility has a maturity of 5 years containing two extension options of 1 year each. Participating banks are Svenska Handelsbanken, Danske Bank, Skandinaviska Enskilda Banken and Swedbank where they all acted as “Mandated Lead Arrangers” and ”Bookrunners”,