Sinch announces changes to its financial leverage policy
Stockholm, Sweden – 9 September 2024 – Sinch AB (publ), which is pioneering the way the world communicates through its Customer Communications Cloud, today announces that the Board of Directors has changed the company’s financial leverage policy. The new policy is that: · Net debt over time shall be below 2.5 times adjusted EBITDA (measured on a rolling twelve-month basis). The phrase ‘over time’ means that leverage may temporarily exceed 2.5 times adjusted EBITDA in the near term following an acquisition. Before today’s announcement, the policy was that net debt over time shall be