Storskogen has entered into a new facility agreement of EUR 1 billion
The new facility agreement is intended to replace Storskogen’s existing facilities agreement in connection with the completion of the contemplated public offering and admission to trading of the B-shares in Storskogen on Nasdaq Stockholm.
”Storskogen has a strong financial position based on solid cash flow in our operations. With the support from the bank syndicate and through this credit facility we will achieve even better flexibility to, within our financial leverage target, continue our expansion by acquiring well-managed and profitable businesses in Sweden as well as our other regions”, says Lena Glader, CFO at Storskogen.
The international bank syndicate consists of Danske Bank, DNB, Nordea, SEB, Swedbank, BNP Paribas, Svensk Exportkredit, Goldman Sachs, JP Morgan, and NatWest. The credit facility is subject to customary conditions for disbursement, including that the contemplated public offering and admission to trading of the B-shares in Storskogen on Nasdaq Stockholm are completed.
Bank Brokers acted as financial advisor and coordinator, and Mannheimer Swartling Advokatbyrå acted as legal advisor, to Storskogen in connection with Storskogen entering into the new facility agreement.
For more information, please contact:
Lena Glader, CFO at Storskogen
+46 (0)73 988 4466