Loomis issues sustainability-linked bonds of SEK 300 million to Svensk Exportkredit
Loomis AB has issued a sustainability-linked bond loan to Svensk Exportkredit (SEK) of SEK 300 million. The bond loan has a term of 4 years maturing in June 2026 and a floating interest rate. The proceeds will be used for general corporate purposes.
The bond loan is linked to Loomis' sustainability-linked financing framework, which was published in November 2021. The bond loan is connected to the outcome of the sustainability target of reducing Loomis' absolute carbon dioxide emissions by 20 percent by 2025 compared with the 2019 level.
This press release is also available on the company's website, www.loomis.com
June 28, 2022
Kristian Ackeby
Chief Financial Officer
Mobile: +46 70 569 69 98
Email: kristian.ackeby@loomis.com
Loomis offers safe and effective comprehensive solutions for payments and distribution, handling, storage and recycling of cash and other valuables. Loomis customers are banks, merchants and other operators. Loomis operates through an international network of more than 400 branches in more than 20 countries. Loomis employs around 24,000 people and had revenue in 2021 of approximately SEK 19.7 billion. Loomis is listed on Nasdaq Stockholm Large-Cap list.