-+ 0.00%
-+ 0.00%
-+ 0.00%
Storskogen Obtains New EUR400 Million Revolving Credit Facilities, EUR330 Million Loan
Share
Listen to the news
11:42 PM EST, 11/04/2026 (MT Newswires) -- Storskogen Group (STOR-B.ST) secured two revolving credit facilities totaling 400 million euros and a term loan facility of 330 million euros from an international bank syndicate, according to a Wednesday release. The Swedish conglomerate said new facilities are subject to an initial three-year duration, with options for up to two years of extension. The revolvers include an accordion option of 50 million euros. The new facilities refinanced the company's 400 million-euro unsecured revolving credit facility with a 43 million-euro accordion option due in March 2029 and a 320 million-euro unsecured term loan facility due in September 2028.
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