Raketech announced that the company has signed a one-year revolving credit facility of EUR 15 million with Avida Finans AB. The credit facility enables Raketech to continue to grow through strategic acquisitions and can further be used for financing of working capital, other investments and other general corporate purposes. Interest on the facility is 4,25% plus an annual commitment fee paid upfront. The facility will replace the existing credit facility of EUR 10 million with Swedbank. The credit facility includes an extension option and can thus be renewed annually from its first date of utilization subject to certain conditions. Raketech will continue to evaluate further long-term financing opportunities, in line with its growth strategy and M&A agenda.