Pressreleaser | 24 Mar 2023 | Absolent Air Care Group

ABSOLENT AIR CARE GROUP HAS RENEWED AND EXPANDED EXISTING CREDIT FACILITY WITH NORDEA

ABSOLENT AIR CARE GROUP HAS RENEWED AND EXPANDED EXISTING CREDIT FACILITY WITH NORDEA

Absolent Air Care Group AB has renewed the Group’s current credit facility agreement with Nordea, where the renewed agreement is effective from 29 March 2023 and runs over three years. In connection with renegotiation and renewal of the agreement, the revolving credit facility has been expanded from the previous SEK 600 million to SEK 800 million. The expansion of the credit facility follows the Group’s growth strategy and enables increased flexibility in connection with acquisition opportunities.

”We have a long relationship and a very good cooperation with Nordea, and we are happy to extend and strengthen this relationship. A long-term agreement and an extended credit facility are important elements in the implementation of the Group’s ambitious growth strategy.” – says Karin Brossing Lundqvist, CFO Absolent Air Care Group.

Contact:

Axel Berntsson, CEO and President

Karin Brossing Lundqvist, CFO

 

Phone: +46 (0) 510 48 40 00

Email: ir@absolentgroup.com

The following documents can be retrieved from beQuoted
Press-release-Absolent-Air-Care-Group-has-renewed-and-expand.pdf

Absolent Air Care Group AB is listed on Nasdaq First North Growth Market.

Certified Adviser for Absolent Air Care Group AB is Erik Penser Bank AB.