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Scandi Standard agrees new 5-year sustainability-linked loan of about EUR 450 million with bank syndicate
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Scandi Standard agrees new 5-year sustainability-linked loan of about EUR 450 million with bank syndicate
  • Scandi Standard agreed main terms for a new sustainability-linked bank loan of about EUR 450 million to refinance existing bank facilities.
  • Five-year package includes a EUR 100 million term loan facility, a EUR 350 million revolving credit facility.
  • Accordion option could raise total borrowings by up to EUR 150 million, subject to lender consent.
  • Covenants include minimum interest coverage of 3.50x, maximum leverage of 4.00x, tightening to 3.00x from year five.
  • Bank, legal fees total about SEK 19 million, amortized over the loan tenor.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scandi Standard AB published the original content used to generate this news brief via Cision (Ref. ID: 202607170140BITN____UKPR__EN_20260716-BIT-9785-0) on July 17, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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