Sponda has signed an agreement for a one-year syndicated credit facility for a total of €1.5 billion. The credit facility is for purchasing the share stock of Kapiteeli Plc, for refinancing the company's loan portfolio, to cover transaction costs, and for general contingencies.
The participating banks are Danske Bank A/S, Eurohypo AG, Handelsbanken, Nordea and OKO Bank Plc. Nordea is acting as lead manager and underwriter of the loan facility.
Source: Sponda
