Pihlajalinna Oyj: Pihlajalinna Oyj signed EUR 60 million revolving credit facility

Pihlajalinna Oyj Stock Exchange Release September 28, 2015 at 14.45 (EET)

Pihlajalinna Oyj signed EUR 60 million revolving credit facility

Pihlajalinna has today signed a EUR 60 million revolving credit facility with two of its core banks. The committed credit facility has one 12-month extension option. The unsecured facility is to be used for general corporate purposes and acquisitions and replaces secured credit facilities agreement signed in June 2014. The revolving credit facility includes a financial covenant based on the ratio of net debt to EBITDA.

Pohjola Bank acted as Coordinator and Danske Bank as Agent for the transaction. Summa Capital acted as financial advisor for Pihlajalinna. 

For more information, please contact

Virpi Holmqvist, CFO 

+358 40 537 6133

Terhi Kivinen, SVP, Communications, Marketing and IR

+358 40 848 4001, terhi.kivinen@pihlajalinna.fi 

DISTRIBUTION

NASDAQ OMX Helsinki

Key media

www.pihlajalinna-konserni.fi

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