Storskogen Group signs €1 billion syndicated multicurrency revolver

Chicago, Sept. 27 – Storskogen Group AB entered into a new syndicated multicurrency revolver for €1 billion on Friday, according to a press release.

The facility has a three-year tenor, with the option of an extension for up to two additional years.

The facility replaces the company’s existing facilities agreement in connection with the completion of the public offering and admission to trading of the B-shares in Storskogen on Nasdaq Stockholm.

The international bank syndicate consists of Danske Bank, DNB, Nordea, SEB, Swedbank, BNP Paribas, Svensk Exportkredit, Goldman Sachs, JP Morgan, and NatWest.

Bank Brokers acted as financial adviser and coordinator, and Mannheimer Swartling Advokatbyra acted as legal adviser, to Storskogen in connection with Storskogen entering into the new facility agreement.

The borrower acquires and manages well-managed and profitable small- and medium-sized enterprises within the industry, trade and services area in the Nordic countries. The company is basked in Stockholm.

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