Lindetorpsvägen 7, Stockholm, Sweden
+46-8-602 12 00
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.
Communications Director Nynas AB
Tel.: +46 (0)708 93 19 75
CFO Nynas AB
Tel: +46 (0)72 229 22 42
March 8th is celebrated around the world as International Women’s Day. At Nynas we value and depend upon the talent and dedication of the many women employees driving us forward in all areas of our business.Read more about Working towards a more balanced future
As the market demand for non-mineral oil-based products continues to increase, Nynas is launching NYTEX BIO 6200, the company’s first tyre and rubber process oil to be produced using renewable feedstock. This new product will support customers in reaching their sustainability goals without sacrificing important technical properties.Read more about Nynas’ first bio-based tyre oil supports tyre producer’s sustainability goals
The International Maritime Organization (IMO) has announced that it will dramatically lower the global limit on sulfur content for marine fuels from the current 3.5% to 0.5% as of 2020. The aim is to significantly curb pollution produced by the world's ships. Three experts reflect on what this means.Read more about The impact of IMO 2020