-+ 0.00%
-+ 0.00%
-+ 0.00%
Scandi Standard Obtains New EUR450 Million Sustainability-linked Financing
Share
Listen to the news
02:24 AM EDT, 07/17/2026 (MT Newswires) -- Scandi Standard (SCST.ST) said Friday it secured sustainability-linked financing of 450 million euros from a syndicate of lenders to refinance its existing bank facility. The new five-year financing comprised a multicurrency term loan of 100 million euros and a multicurrency revolving credit facility of 350 million euros. It comes with an option for an additional loan of up to 150 million euros, subject to the lenders' approval. The Stockholm-listed poultry company expects bank and legal fees of 19 million kronor from the refinancing transaction. It said the related costs will be amortized over the tenor of the bank loan.
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.
What's Trending