Lindab enters into a new credit agreement
During March, Lindab entered into a new credit agreement of SEK 3,700 million. The agreement is divided into two credit facilities, one of which will be used to finance the previously announced share redemption programme of SEK 1,200 million. The remaining SEK 2,500 million will replace existing credits within the group.
The agreement was signed with Nordea and Handelsbanken to run for 6 and 7 years respectively. The agreement means improved financial terms and conditions and will safeguard the group's financing for the foreseeable future.
"We are very pleased with this agreement, which secures the group's financing on very competitive terms for a considerable period," says Nils-Johan Andersson, CFO, Lindab AB.
The agreement was signed with Nordea and Handelsbanken to run for 6 and 7 years respectively. The agreement means improved financial terms and conditions and will safeguard the group's financing for the foreseeable future.
"We are very pleased with this agreement, which secures the group's financing on very competitive terms for a considerable period," says Nils-Johan Andersson, CFO, Lindab AB.
Anders Persson
HR Director
HR Director