Following a tender process,
- The total loan amounts to approximately
SEK 1 650 million, in several currencies, includingSEK 700 million of revolving credit facility available for acquisitions or operational liquidity. - The agreement runs until the middle of 2025 with the possibility to extend for another two years until 2027, subject to credit approvals.
-
Annual amortization decreases to
SEK 116 million (150). -
Covenant for net debt/adjusted EBITDA will decrease to 3.0 (3.75). The amount of debt has decreased significantly since the last loan agreement was signed, net debt/adjusted EBITDA was per
March 31, 2022 0.9. -
Interest expenses are expected to remain unchanged at current interest levels, due to amortization of
SEK 300 million at the start of the new agreement. - There is an opportunity to take up additional debt under the new agreement following further credit approvals.
For more information, please contact:
Telefon: +46 8 794 4291
E-post: katarina.wilson@academedia.se
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