BE Group signs new credit facility
BE Group has entered a multicurrency revolving credit facility agreement of SEK 1.3 billion with Svenska Handelsbanken and Skandinaviska Enskilda Banken on 27 May 2010.
BE Group is one of the leading trading and service companies within steel and other metals in Europe and is listed on NASDAQ OMX Stockholm. The group has about 900 employees in ten countries in Northern Europe and the group’s sales in 2009 were SEK 4.3 billion.
BE Group was advised by Mannheimer Swartling. Partner handling the matter was Zoran Stambolovski, assisted by Susanne Forsberg.