ICA enters into a SEK 6 billion credit facility agreement
ICA Gruppen AB (publ) has entered into a new SEK 6 billion revolving credit facility with a syndicate of Nordic banks.
The new facility agreement replaces an existing revolving credit facility entered into in June 2022.
The bank syndicate consists of Danske Bank, DNB, Handelsbanken, SEB and Swedbank.
ICA Gruppen is one of the Nordic region’s largest actors in grocery retail. The Group comprises 1,968 wholly owned or retailer-owned stores and pharmacies.
The bank syndicate was advised by Mannheimer Swartling in the transaction.