Beskrivning
| Land | Finland |
|---|---|
| Lista | Mid Cap Helsinki |
| Sektor | Handel & varor |
| Industri | Detaljhandel |
PUUILO PLC, STOCK EXCHANGE RELEASE, 27.3.2025 at 8.25 EET
Puuilo has signed a new € 100 million long-term financing agreement
Puuilo has signed a new € 100 million long-term financing agreement with OP Corporate Bank Plc. The new financing agreement has a maturity of 36 months and includes two 12-month extension options. The new financing agreement replaces the previous agreement signed in 2021.
The financing agreement includes a total of € 70 million term loan and € 30 million revolving credit facility (RCF). The funds will be used to repay existing loans, working capital financing and for the Group’s other general financing needs.
The terms of the financing agreement include one covenant: net debt/EBITDA ratio.
The agreement also includes € 30 million uncommitted additional financing option (accordion option). However, this accordion option requires a separate financing decision from the bank.
PUUILO PLC
For more information:
Ville Ranta, CFO, tel. +358 40 555 4995
Email: ir (@) puuilo.fi
Images for media use:(https://www.puuilo.fi/medialle)