Storebrand ASA successfully signs a EUR 200 million Revolving Credit Facility

Storebrand ASA is pleased to announce the successful signing of a EUR 200 million Multicurrency Revolving Credit Facility with 5 years duration with a 2 years extension option. The facility will replace an existing facility, signed in 2014. A total of 8 banks participated in the new credit facility. Going forward they will comprise Storebrand's core relationship bank group. Nordea acted as Co-ordinator with Skandinaviska Enskilda Banken as Facility Agent. The Facility is provided by Citigroup, Danske Bank, DNB, Handelsbanken, J.P.Morgan, Nordea, Skandinaviska Enskilda Banken og Swedbank.

"We are delighted with the support shown to Storebrand by our key relationship banks, which has enabled Storebrand to put in place a long term facility at favorable cost," said Mr. Lars Aa. Løddesøl, Group Chief Financial Officer at Storebrand ASA Lysaker, 19. December 2019

Contact person:

Einar Leikanger, Head of Treasury, Storebrand ASA: +47 93420379