Nynas news

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

Turnaround in Nynäshamn

NYNÄSHAMN, SWEDEN, 9 MAY, 9:45 AM: Shift Manager Fredrik Svensson tops up the hot oil that is used to heat the oil supply in the HT2 hydrogenation plant ahead of the start-up after this spring’s turnaround at the refinery in Nynäshamn.

Read more about Turnaround in Nynäshamn

The brains of Nynas: Stina Wiqvist

Stina started at Nynas as Supply Chain planner EMEA after graduating from Linköping University with a Master of Science in Industrial Engineering and Management in 2007. She moved on to roles as Supply Chain Analyst, Contract Manager Supply Chain, and Planning Manager Supply Chain. Since December 2016, Stina has been Head of Supply Chain EMEA. Find out what's on her mind.

Read more about The brains of Nynas: Stina Wiqvist

Producers choose Nynas NYTEX® oils to boost polyurethane polymers

NYNAS® has developed a series of NYTEX® process oils to improve the performance of polyurethane polymers used in plastics and resins, offering cost efficiency and enhancing a range of everyday products that are found all around us.

Read more about Producers choose Nynas NYTEX® oils to boost polyurethane polymers