Loomis signs a five-year credit facility of approximately EUR 265 million
Loomis AB has signed a five-year credit agreement of approximately EUR 265 million. It is a syndicated revolving credit facility of USD 140 million, SEK 945 million and EUR 55 million. The facility will replace an existing revolving credit facility due in June 2022. The facility can be used for financing of working capital, investments and other general corporate purposes.
The lead arrangers are Bank of America, Le Crédit Lyonnais, Danske Bank and Nordea Bank.
July 8, 2021
Kristian Ackeby
CFO
Mobile: +46 70 569 69 98
Email: kristian.ackeby@loomis.com
Anders Haker
Chief Investor Relations Officer
Mobile: +1 281 795 8580
Email: anders.haker@loomis.com
Loomis offers safe and effective comprehensive solutions for the 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 23,000 people and had revenue in 2020 of approximately SEK 18.8 billion. Loomis is listed on Nasdaq Stockholm Large-Cap list.