Loomis obtains €265 million five-year credit agreement

By Wendy Van Sickle

Columbus, Ohio, July 8 – Loomis AB has signed a €265 million five-year credit agreement, according to a news release.

The revolver includes $140 million, SEK 945 million and €55 million of commitments.

The facility replaces an existing revolver due in June 2022. The arrangers are Bank of America, Le Credit Lyonnais, Danske Bank and Nordea Bank.

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

The securities services group is based in Stockholm.

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