Bravida refinances its current loan and credit facility of SEK 2.3 billion with maturity October 16, 2020, with a new credit facility of SEK 2.5 billion. The new agreement runs from October 14, 2019 to October 14, 2022, with the possibility of extending the term by one plus one year after the creditors' approval.
Danske Bank, DnB and SEB participate in the transaction, which is coordinated by Danske Bank.
The loan agreement constitutes a major part of Bravida's long-term funding, and is supplemented by a commercial paper program and other types of short-term financing.
For further information, please contact:
Åsa Neving, CFO Bravida. Phone: +46 70 529 64 87
Bravida is the leading end-to-end service and installation provider in the Nordics, with over 11,000 employees. Bravida provides both specialist services and end-to-end solutions within electrical, heating and plumbing, HVAC, security, cooling, sprinklers, technical service management and power supply. Bravida is present in around 160 locations in Sweden, Norway, Denmark and Finland. www.bravida.se
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