ELECTROLUX AB Electrolux has entered into a new
The facility is for general corporate purposes and has a five-year maturity, with options to extend for up to two more years. The new facility refinances an existing
The facility was oversubscribed during syndication, allowing Electrolux to upsize from the initial launch amount of
"We welcome the support offered by this credit facility. It reflects our commitment to continue to be an industry leader in sustainability, and is a confirmation of our sustainability credentials," says
The credit facility is clearly linked to the Group's "For the Better 2030" sustainability framework, as its margin is related to ambitions to be climate neutral in operations by 2030; to be a leader in energy-efficient products which reduce carbon emissions while in use; and to continue ensuring the health and safety of employees.
The coordinating Bookrunners and Mandated Lead Arrangers are Citi and SEB. In addition,
Citi was the Documentation Agent for the facility, SEB the
"It is a sign of Electrolux financial strength and credibility that we are able to achieve such a facility in today's economic climate," says
For further information, please contact Electrolux Press Hotline, +46 8 657 65 07.
Electrolux is a leading global appliance company that has shaped living for the better for more than 100 years. We reinvent taste, care and wellbeing experiences for millions of people, always striving to be at the forefront of sustainability in society through our solutions and operations. Under our brands, including Electrolux,
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