Investor set to sign refi, may increase from Skr10bn
Sweden’s industrial holding firm Investor AB will sign a new five year plus one plus one revolving credit facility over the coming few days, and may increase the loan from a planned Skr10bn ($1.57bn) after the deal proved popular in syndication.
“There was a high hit rate on this deal and it was oversubscribed,” said a London-based banker close to the process. “We’re now discussing allocations and whether it will be increased, and it should be signed early next week.”
Citi, HSBC and SEB are leading the new transaction, which
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