ASSA ABLOY signs a EUR 900 M syndicated revolving credit facility

6/14/2013, 9:52 AM (Source: GlobeNewswire)

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.

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




This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: ASSA ABLOY via Thomson Reuters ONE

HUG#1709489
Copyright GlobeNewswire, Inc. 2016. All rights reserved.
You can register yourself on the website to receive press releases directly via e-mail to your own e-mail account.