Husqvarna trims revolver by Skr1bn

Husqvarna chainsaw 230x150
By Richard Metcalf
23 Oct 2014

Husqvarna, the Swedish gardening equipment maker, has extended its syndicated revolving credit facility for another five years and reduced the amount from Skr6bn (€650m) to Skr5bn, according to its third quarter financial report.

Citigroup, Nordea, SEB and Svenska Handelsbanken were mandated lead arrangers and bookrunners on the original facility, which was due to mature in 2016. Swedbank was the mandated lead arranger, and Danske Bank and Royal Bank of Scotland arrangers. SEB was the facility agent.

Magnus

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