ASSA ABLOY signs a EUR 900 M syndicated revolving credit facility
STOCKHOLM, SWEDEN -- (Marketwired) -- 06/14/13 -- ASSA ABLOY has
together with 14 banks entered into a syndicated Multi-Currency
Revolving Credit Facility amounting to EUR 900 M. The facility has a
tenor of at least five years and its main purpose is to refinance an
existing facility amounting to EUR 1,100 M maturing in 2014.
The credit is to primarily serve as a strategic back up facility and
can be utilized in optional currencies such as EUR, GBP, SEK and USD.
The new facility is currently unutilized.
Press release PDF: http://hugin.info/1014/R/1709489/566570.pdf
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Source: ASSA ABLOY via Thomson Reuters ONE
For more information, please contact:
President and CEO
tel no: +46 8 506 485 42
Carolina Dybeck Happe
CFO and Executive Vice President
tel no: +46 8 506 485 72
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