Securitas enters into €1.1 billion four-year term loan agreement

Chicago, Jan. 19 – Securitas AB entered into a €1.1 billion four-year term loan agreement, according to a press release.

The term loan was signed with nine of Securitas’ relationship banks.

There is a one-year extension option.

Proceeds will be used to refinance a large part of the remaining $2,315,000,000 bridge facility used for the acquisition of Stanley Security. which closed on July 22, 2022.

The banks participating in the term loan are Danske Bank and SEB as Bookrunners and mandated lead arrangers, together with Bank of America, BBVA, Credit Industriel et Commercial (CIC), Commerzbank, ING, KBC and UniCredit Bank Austria as mandated lead arrangers.

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

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