Securitas signs syndicated loan facility
Securitas AB has signed a new five year multi-currency revolving credit
facility for USD 550 million and EUR 420 million with a consortium of
international banks. The facility will be used for partial repayment of an
existing facility as well as for general corporate purposes.
Securitas is a global leader in security solutions with operations in 40
countries worldwide. The group has approximately 260,000 employees and
total sales amounted to approximately SEK 62.7 billion in 2009. The
Securitas share is listed on NASDAQ OMX Stockholm.
Securitas was advised by Mannheimer Swartling in the transaction. Zoran
Stambolovski handled the assignment, primarily assisted by Maria Tholin
and Sofie Willgottson.