Instalco has entered into a new credit agreement totalling SEK 3.4 billion to support future acquisitions
The new credit facility agreement is with Danske Bank A/S, Skandinaviska Enskilda Banken AB and AB Svensk Exportkredit, for a total amount of SEK 3.4 billion. The new credit facilities strengthen Instalco’s position for pursuing additional acquisitions of profitable, leading companies.The term of the financing arrangements are 2 years, with the option of extending to a maximum of four years. “Gaining access to this extended credit facility significantly strengthens our ability to continue acquiring top companies, in line with Instalco’s growth strategy. It is also advantageous that