News from Nynas

28/04/2016 09:21

Nynas signs EUR 650,000,000 credit facilities

Nynas AB has signed a EUR 650 million credit facilities agreement comprising a EUR 125 million Term Loan Facility and a EUR 525 million Multicurrency Revolving Facility with six relationship banks. The Facilities have a tenor of five years, and will be used to refinance the Company’s existing EUR 750 million credit facilities, for working capital and general corporate purposes.

Handelsbanken Capital Markets, Svenska Handelsbanken AB (publ) and SEB acted as Bookrunners and Coordinators, with SEB acting as documentation agent and facility agent. Nordea, Danske Bank and Swedbank joined as Mandated Lead Arrangers and ING as Lead Arranger.

"We are pleased to secure this long term financing with a strong group of banks supportive of our continued development for growth. Nynas is now completing its large investment program for expansion in the Harburg refinery (Germany) supporting both our specialty oils and bitumen businesses," comments Gert Wendroth, President and CEO of Nynas AB.

For further information, please contact:

Hans Östlin
Communications Director Nynas AB
Email: hans.ostlin@nynas.com
Tel.: +46 (0)708 93 19 75 

Bo Askvik
CFO Nynas AB
Email: bo.askvik@nynas.com
Tel: +46 (0)72 229 22 42

Further reading

Nynas publishes bond prospectus and applies for listing of its corporate bonds

On 18 May 2017, Nynas AB announced that the company will issue additional senior unsecured bonds of SEK 450 000 000 within its existing bond loan (ISIN SE0005994167) within a total frame amount of SEK 1 100 000 000 with issue date on 26 May 2017 and a final maturity date in June 2018.

Read more about Nynas publishes bond prospectus and applies for listing of its corporate bonds

Nynas Annual Report 2016

Nynas AB today published the 2016 Annual Report. It is available in the Investor relations section and a printed version is available on request.

Read more about Nynas Annual Report 2016

Nynas successfully issues additional bonds of SEK 450 million

Nynas has successfully issued additional senior unsecured bonds of SEK 450 000 000 within its existing bond loan (ISIN SE0005994167) with a total frame amount of SEK 1 100 000 000 and final maturity date in June 2018.

Read more about Nynas successfully issues additional bonds of SEK 450 million