Veidekke ASA: Signs new bank financing agreements adapted to a streamlined construction company
Veidekke ASA has entered into agreements to refinance existing bank loans in DNB and SEB. The agreements are part of the adjustment of the group's capital structure and financing conditions following the divestment of Veidekke Property Development in early autumn.Veidekke has restructured the current overdraft facility with the group’s main bank DNB to a NOK 1,750 million rolling 364-day facility. With SEB, Veidekke has renegotiated a NOK 750 million credit facility with a three-year term and options for two subsequent one-year extensions. The terms of the credit facility are