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Mycronic renews bank financing agreementSTOCKHOLM, Sept. 30, 2022 /PRNewswire/ -- Mycronic AB (publ) has renewed its revolving credit facility agreement with Nordea of SEK 1,000 million until September 2026 in order to ensure further freedom to act on business opportunities. The agreement with Nordea has been renewed and is valid for four years, until September 2026. A corresponding revolving credit facility agreement with Handelsbanken of SEK 1,000 million, which matures in May 2025, remains in place. In total, Mycronic thus has continued access to bank financing of SEK 2,000 million. "The renewal of the bank financing agreement with Nordea ensures our ability to continue to be open to acquisition and growth opportunities and maintains a good maturity structure over time", says Pierre Brorsson, CFO & Sr VP Corporate Development. For additional information, please contact: Sven Chetkovich The information in this press release was published on September 30, 2022, at 2:00 p.m. CEST. About Mycronic This information was brought to you by Cision http://news.cision.com https://news.cision.com/mycronic-ab/r/mycronic-renews-bank-financing-agreement,c3640281 The following files are available for download:
View original content:https://www.prnewswire.com/news-releases/mycronic-renews-bank-financing-agreement-301637775.html SOURCE Mycronic AB |