Byggmax Group has signed a SEK 500 million revolving credit facility linked to its sustainability targets. The revolving credit facility has a maturity of three years with two one-year extension options and will be used for general corporate purposes. The new facility is backed by Handelsbanken, with who Byggmax Group has a long-standing cooperation, and increases Byggmax Groups existing SEK 1,420 million credit facility to SEK 1,920 million.

The new credit facility has a clear link to Byggmax's sustainability targets; Reduce CO2e emissions from own operations, versus base year 2020, by -90% until 2027; Reduce CO2e per transported ton, versus base year 2010, by -70% by 2030. The facility's annual KPIs are aligned with these goals and the interest margin on the facility is affected positively or negatively depending on whether the KPI levels are met.