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Home Deal Announcements

Commerzbank, Danske Bank, ING Bank Supply $920.68MM Revolver to Securitas AB

byPhil Neuffer
April 8, 2020
in Deal Announcements

Commerzbank, Danske Bank and ING Bank served as coordinating mandated lead arrangers and bookrunners on a new multi-currency revolving credit facility for Securitas AB. The new facility is initially for a five-year period, with the possibility to extend for a further two years, and is for €847 million ($920.68 million). It will be used to replace the $550 million and €440 million ($478.28 million) revolving credit facility which matures in 2022.

Banco Bilbao Vizcaya Argentaria, Citigroup, Crédit Industriel et Commercial, KBC Bank, SEB and UniCredit also served as mandated lead arrangers and bookrunners. UniCredit is acting as facility agent.

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