Securitas signs new bank loan agreement
Securitas AB has signed a new bank loan agreement (Multi-Currency Revolving Credit Facility) with its core relationship banks. The new facility is initially for a five year period, with the possibility to extend for a further two years, and is for USD 550 million and EUR 440 million. It will be used to replace an existing Revolving Credit Facility which matures in 2016.
Securitas was advised by Mannheimer Swartling. The firm’s team was led by Zoran Stambolovski, primarily assisted by Carl-Johan Jennekvist.