Peab has entered into an agreement for a new credit facility of SEK 8 billion
Peab has entered into an agreement for a new credit facility totaling SEK 8.0 billion to refinance the current credit facility of SEK 7.0 billion that matures in June 2028.The credit facility of SEK 8.0 billion runs until March 20, 2029 with the possibility of an extension for one plus one year. Four banks participate in the transaction: Nordea, Swedbank, SEB and Handelsbanken. The transaction is coordinated by Nordea.
The credit agreement is intended to refinance the company's existing credit facility which matures in June 2028. The loan contract makes up Peab's long-term financing