Loomis takes out bond loan with SEK

9/24/2010 5:00 AM EST

Loomis has taken out a bond loan of MEUR 65 with SEK (Swedish Export Credit Corporation). The loan, which has a term of five years, is 75% guaranteed by EKN (Swedish Export Credits Guarantee Board).The funds will be used to partly refinance an outstanding loan facility of around MSEK 3,200 taken out in fall 2008.

Loomis offers safe and effective solutions for the distribution, handling and recycling of cash for banks, retailers and other commercial companies via an international network consisting of more than 370 branch offices in 12 European countries and in the US. Loomis has 20 000 employees and a turnover of 12 billion Swedish kronor. Loomis is a mid-cap listed company on NASDAQ OMX Stockholm. 

Loomis AB discloses the information provided herein pursuant to the Swedish Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 11.00 a.m. (CET) on September 24th, 2010

For more information, please contact:
Marcus Hagegård, VP Finance
+46 76 843 20 30