Sinch AB (publ) announced that is has entered into a 3+1+1 year credit facility in the amount of approximately SEK 7,500 million with a syndicate of 9 banks. Sinch has entered into a syndicated multicurrency credit facility in the amount of approximately SEK 7,500 million with 9 banks. The facility is divided into a revolving credit facility of SEK 5,500 million and separate drawn facilities of SEK 1,000 million and USD 110 million respectively.

The facility has a maturity of 3 years with two extension options of one year each. The agreement refinances the existing facility agreement from November 2016 and partially the bridge loans that were entered into in connection with acquisitions done in 2021. The international bank syndicate consists of BNP Paribas, Bank of America, Citibank, Danske Bank, Handelsbanken, JP Morgan, Nordea, SEB and Swedbank.

Sinch has coordinated the transaction with Gernandt & Danielsson acting as legal advisors.