Loomis signs a 2-year Term Loan facility of EUR 115 million

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Loomis AB has signed an agreement for a syndicated Term Loan facility of EUR 115 million. The facility has a tenor of up to two years.

 

The facility can be used for general corporate purposes of the Group, including acquisitions.

 

The arrangers are Bank of America, Danske Bank and Nordea Bank.

 

 

This press release is also available on the company's website, www.loomis.com

 

 

October 2, 2023

 

 

Jenny Boström
Head of Sustainability and IR

Mobile: +46 79 006 45 92
Email: jenny.bostrom@loomis.com

Loomis offers secure and effective comprehensive solutions for managing payments, including the distribution, handling, storage and recycling of cash and other valuables. Loomis’ customers are mainly financial institutions and retailers. Loomis operates through an international network of around 400 branches in more than 20 countries. Loomis employs around 25,000 people and had revenue in 2022 of more than SEK 25 billion. Loomis is listed on Nasdaq Stockholm Large-Cap list.