Electrolux Professional Group refinances and upsizes its syndicated revolving credit facility
Electrolux Professional Group has signed a new EUR 240 million syndicated revolving credit facility with a bank syndicate consisting of six relationship banks, refinancing its current undrawn EUR 200 million credit facility signed in 2020. The new five-year facility has two one-year extension options providing further flexibility and will serve as a backup facility. The refinancing is a key component of Electrolux Professional Group’s ongoing strategy to reinforce its financial position and maintain a prudent, flexible capital structure.
Electrolux Professional Group is the sustainability leader in its industry and one of the leading global providers of food service, beverage, and laundry for professional users. Its solutions and products are sold in over 110 countries. In 2024, Electrolux Professional Group had global sales of SEK 12.5 billion and approximately 4,300 employees. Electrolux Professional’s B-shares are listed at Nasdaq Stockholm.
Electrolux Professional Group was advised by Mannheimer Swartling in the transaction. The firm’s team consisted of Gustav Glimblad, Rasmus Ringström and Nils Grahed Thunberg.
