Trelleborg signs syndicated loan facility
Trelleborg AB and Trelleborg Treasury AB have signed a new five year multi-currency revolving credit facility for EUR 750 million and USD 625 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.
Trelleborg is a global industrial group whose leading positions are based on advanced polymer technology and in-depth applications know-how. The Trelleborg Group had annual sales during 2010 of approximately SEK 27 billion, with about 20,000 employees in 40 countries. The Trelleborg share has been listed on the Stockholm Stock Exchange since 1964 and is listed on the OMX Nordic List, Large Cap.
Trelleborg was advised by Mannheimer Swartling in the transaction. Peter Linderoth handled the assignment, primarily assisted by Maria Tholin and Susanne Forsberg.