Addnode Group has in addition to existing credit facilities signed a SEK 200 million revolving credit facility with the bank Nordea. The agreement has a term of four years and the credit can be called up gradually.
"Through the acquisition credit facility of SEK 200 million, we have secured capital that will allow us to continue the strategic plan to grow through acquisitions that complement and strengthen our operations", says Staffan Hanstorp, President and CEO of Addnode Group.
The information in this press release is such that Addnode Group must disclose in accordance with the Swedish Securities and Clearing Operations Act and/or the Financial Instruments Trading Act. The information was released on January 20, 2015, 09.00 a.m.
Addnode Group has signed a SEK 200 M revolving credit facility for acquisitions
STOCKHOLM, January 20, 2015
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