Loomis signs a 2-year Term Loan facility of EUR 90 million

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Loomis AB has signed an agreement for a syndicated, Term Loan facility of EUR 90 million. The facility has a tenor of up to two years.

 

The facility can be used for financing of working capital, investments, and other general corporate purposes.

 

The arrangers are Danske Bank and Nordea Bank.

 

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

 

 

March 30, 2023

 

Kristian  Ackeby
Chief Financial Officer

Mobile: +46 70 569 69 98   
Email: kristian.ackeby@loomis.com

Jenny Boström
Head of Investor Relations

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.