ASSA ABLOY

June 14, 2013 04:01 ET

ASSA ABLOY signs a EUR 900 M syndicated revolving credit facility

STOCKHOLM, SWEDEN--(Marketwired - Jun 14, 2013) - 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

[HUG#1709489]

Contact Information

  • For more information, please contact:

    Johan Molin
    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