NCC launches EUR 200 million syndicated credit facility

NCC Treasury AB and a group of banks have today signed a loan agreement – a credit facility – for EUR 200 million, corresponding to approximately SEK 1,800 million.

The credit facility will utilized primarily be as a backstop for NCC’s commercial paper programs and for general corporate purposes. The facility, which will have a duration of five years, is NCC’s first syndicated credit facility since 1997. The credit facility is being arranged by Danske Bank A/S, Handelsbanken Capital Markets, Svenska Handelsbanken AB, Nordea Bank AB and SEB Merchant Banking, Skandinaviska Enskilda Banken AB. Other participating banks are DnB NOR, Nykredit, RBS, Sampo Bank, Swedbank and HSH-NBank. The invited banks demonstrated such great interest in participating in the credit facility that NCC elected to raise the amount from EUR 150 million to EUR 200 million. For further information, please contact: Charlotte Lindstedt, CFO, NCC Group, +46 8 585 520 80