Loomis obtains SEK 1.2 billion term loan for two years

By Rebecca Melvin

New York, April 15 – Loomis AB has signed a SEK 1.2 billion two-year term loan credit facility, according to a news release.

The facility matures in April 2022. The arrangers are Danske Bank A/S and Nordea Bank Abp.

The facility will be used for financing of working capital, capital expenditures and other general corporate purposes.

The securities services group is based in Stockholm.

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