Loomis signs a three-year credit facility of EUR 150 million
Loomis AB has signed an agreement for a syndicated, revolving credit facility of EUR 150 million. The facility has a tenor of three years with two extension options of one year each. The facility replaces an existing revolving credit facility originally maturing in January 2024.
The facility can be used for financing of working capital, investments, and other general corporate purposes.
The lead arrangers are Bank of America, Danske Bank, NatWest, Nordea Bank and Société Générale.
This press release is also available on the company's website, www.loomis.com
January 27, 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 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.