NCC Treasury AB has today signed a new €325,000,000 five year Multicurrency Revolving Credit Facility.
The Facility which is guaranteed by NCC AB (publ) will be used for general corporate purposes including a backstop for NCCs Commercial Paper Program. The transaction replaces an existing €275,000,000 Multicurrency Revolving Credit Facility dated 11th January 2008. The Facility was provided with equal shares by Danske Bank A/S, Handelsbanken Capital Markets, Svenska Handelsbanken AB, Nordea Bank AB, Swedbank AB and Merchant Banking, Skandinaviska Enskilda Banken AB. Danske Bank acted as Documentation Agent and SEB as Facility Agent. “We are pleased to have signed this facility with the banks today; it is a proof of NCCs financial strength and credibility and the facility adds value to NCCs financial stability for the coming years, comments Charlotte Z Lindstedt, Finance Director at NCC AB.”