Loomis signs new five year loan facility

Report this content

 

Loomis AB has signed a new five year loan facility, Multi-Currency Revolving Credit Facility. The new facility matures in 2016 and is divided in two tranches of MUSD 150 and MSEK 1,000 respectively. It will partly be used to repay the current Revolving Credit Facility which matures in November 2011 and partly for general corporate purposes.

Mandated Lead Arrangers and Bookrunners are Danske Bank, Nordea and SEB. Lead Arranger is Le Crédit Lyonnais.

Nordea acted as Documentation Agent and Danske Bank is acting as Facility Agent.

10.02.2011

Marcus Hagegård
VP Finance

Cell number: +46 76 843 20 30

 

Loomis offers safe and effective solutions for the distribution, handling and recycling of cash for banks, retailers and other commercial companies via an international network consisting of more than 370 branch offices in 13 European countries and in the US. Loomis has 20 000 employees and a turnover of 12 billion Swedish kronor. Loomis is a midcap listed company on NASDAQ OMX Stockholm.

Tags:

Subscribe

Documents & Links