Cision AB signs USD 75 million Credit Facility
Cision AB (publ) signed a USD 75 million three-year Credit Facility (the “Facility”) with a group of three banks on February 6, 2013.
The Facility will be used to refinance Cision’s existing syndicated facility of USD 62 million and CAD 28 million, originally entered into on October 4, 2006.
DNB Bank ASA will act as Facility Agent and Arranger together with SEB and Nykredit Bank who will act as Arrangers in this new Facility.
For further information, please contact:
Tosh Bruce-Morgan, CFO, telephone 46 (0) 507 410 11
Cision AB (publ)
P.O. Box 24194
SE-104 51 Stockholm, Sweden
Corp Identity No. SE556027951401
Telephone: 46 (0)8 507 410 00
The information provided herein is such that Cision AB (publ) is obligated to disclose pursuant to the Swedish Securities Markets Act (SFS 2007:528) and/or the Swedish Financial Instruments Trading Act (SFS 1991:980). The information was submitted for publication at 08:20 AM CET on February 7, 2013.
Cision is the leading provider of software, services, and tools to the public relations and marketing industry. Marketing and PR professionals use our products to help manage all aspects of their brands – from identifying key media and influencers to connecting with audiences; monitoring traditional and social media; and analyzing outcomes. Journalists, bloggers, and other influencers use Cision’s tools to research story ideas, track trends, and maintain their public profiles. Cision is present in Europe, North America and Asia, with partners in over 125 countries and is quoted on the Nordic Exchange with revenue of SEK 1.0 billion in 2011. This press release is also available at http://corporate.cision.com.