New EUR 100 million syndicated credit facility for SRV Group Plc
SRV GROUP PLC STOCK EXCHANGE RELEASE 12.12.2014 at 11.00
New EUR 100 million syndicated credit facility for SRV Group Plc
SRV Group Plc has signed a long-term binding EUR 100 million revolving credit facility with a Nordic banking consortium. Pohjola Bank plc acted as a coordinator for the arrangement and as an agent for the credit facility.
The loan replaces a syndicated revolving credit facility signed in 2012. The new credit facility has a maturity date of 5 January 2018. The terms of the loan correspond to the terms of SRV’s other loans and a financial covenant of the loan is the equity ratio.
SRV Group Plc
Taneli Hassinen
Vice President, Communications and Brand Management
Further information:
Ilkka Pitkänen, CFO, tel. +358 40 667 0906
www.srv.fi