Securitas inks multi-currency revolver due 2025

By Rebecca Melvin

New York, April 7 – Securitas AB has signed a new multicurrency revolving credit facility with its core relationship banks, according to a company release.

The new €847 million facility is for five years, with the possibility of extending for a further two years. It replaces a $550 million and €440 million revolving credit facility that matures in 2022.

The coordinating lead arrangers and bookrunners of the facility are Commerzbank, Danske Bank and ING Bank. They are joined by Banco Bilbao Vizcaya Argentaria, Citigroup, Commerzbank, Credit Industriel et Commercial, Danske Bank, ING Bank, KBC Bank, SEB and UniCredit, which are also arrangers and bookrunners.

UniCredit is acting as the facility agent.

Based in Stockholm, Securitas is a securities services, monitoring, consulting and investigation group.

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