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Møller Mobility Group secures a new, two-year sustainable-linked loan facility of 1 billion Norwegian kroner.
17 Oct 2023 11:00 CEST
Møller Mobility Group has established a new two-year revolving credit facility
(RCF) of 1 billion NOK with SEB, Nordea, DNB, and Swedbank. This is in addition
to the existing 2 billion NOK loan facility, which matures in 2026.
"The agreement provides us with additional financial flexibility during a
challenging market situation and also addresses the increased average car prices
that result in periodically higher working capital requirements," says Anna Nord
Bjercke, CFO of Møller Mobility Group.
More information:
Access the news on Oslo Bors NewsWeb site
Source
Møller Mobility Group AS
Provider
Oslo Børs Newspoint
Company Name
Moller Mobility Group AS 20/23 FRN, Moller Mobility Group AS 21/26 FRN
ISIN
NO0010914906, NO0010961055
Market
Nordic Alternative Bond Market