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Storebrand ASA — Capital/Financing Update 2018
Dec 19, 2018
3766_rns_2018-12-19_aa16e141-3c9b-4763-8749-8b5a4bf0f8bf.html
Capital/Financing Update
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Storebrand ASA successfully signs a EUR 200 million Revolving Credit Facility
Storebrand ASA successfully signs a EUR 200 million Revolving Credit Facility
Storebrand ASA is pleased to announce the successful signing of a EUR 200
million Multicurrency Revolving Credit Facility with 5 years duration with a 2
years extension option. The facility will replace an existing facility, signed
in 2014. A total of 8 banks participated in the new credit facility. Going
forward they will comprise Storebrand's core relationship bank group. Nordea
acted as Co-ordinator with Skandinaviska Enskilda Banken as Facility Agent. The
Facility is provided by Citigroup, Danske Bank, DNB, Handelsbanken, J.P.Morgan,
Nordea, Skandinaviska Enskilda Banken og Swedbank.
"We are delighted with the support shown to Storebrand by our key relationship
banks, which has enabled Storebrand to put in place a long term facility at
favorable cost," said Mr. Lars Aa. Løddesøl, Group Chief Financial Officer at
Storebrand ASA Lysaker, 19. December 2019
Contact person:
Einar Leikanger, Head of Treasury, Storebrand ASA: +47 93420379