NCC signs Credit Facility of EUR 280 million
NCC Treasury AB has as per 30 December 2021 signed a new EUR 280 million Revolving Credit Facility. The tenor is three years with two one-year extension options.
The Facility which is guaranteed by NCC AB (publ) will be used for general corporate purposes. The transaction replaces an existing EUR 260 million Revolving Credit Facility dated 21 December 2020.
The Facility was arranged by Danske Bank A/S, Handelsbanken Capital Markets, Svenska Handelsbanken AB (publ), Skandinaviska Enskilda Banken AB (publ) and OP Corporate Bank plc. Danske Bank A/S acted as Documentation Agent and Skandinaviska Enskilda Banken AB (publ) as Facility Agent.
“We are very pleased to have signed this facility with the banks; it is a proof of NCC’s financial strength and credibility, and the facility contributes to NCC’s financial stability for the coming years”, says Charlotte Z. Lindstedt, Group Treasurer, NCC.
For further information, please contact:
Charlotte Z. Lindstedt, Group Treasurer, NCC, +46 70 545 2054
Maria Grimberg, Head of Communication, NCC, +46 70 896 12 88
About NCC. NCC is one of the leading construction companies in the Nordics. Based on its expertise in managing complex construction processes, NCC contributes to the positive impact of construction for its customers and society. Operations include commercial property development, building and infrastructure project contracting, and asphalt and stone materials production. In 2020, NCC had sales of SEK 54 bn and 14,500 employees. The NCC shares are listed on Nasdaq Stockholm.