July 31, 2012 - Assignment

BE Group signs new credit facility

BE Group signed a new three-year SEK 1.4 billion revolving credit facility agreement with Skandinaviska Enskilda Banken and Svenska Handelsbanken on 17 July 2012.

BE Group is a leading trading and service company, offering a broad range of steel, stainless steel and aluminum products. The head office is located in Malmö, Sweden and the company has approximately 900 employees and subsidiaries in Sweden, Finland, Estonia, Latvia, Lithuania, Poland, Czech Republic, Slovakia and China. Group sales in 2011 amounted to approximately SEK 5.9 billion and the company’s share is listed on NASDAQ OMX Stockholm.

BE Group was advised by Mannheimer Swartling in the matter by partner Zoran Stambolovski, assisted by associates Hans Abrahamsson and Rickard Fredén.