ICA Gruppen AB signed a SEK 5 billion ($597 million) multicurrency revolving credit facility and refinanced its credit facility signed in 2013. Crédit Agricole Corporate and Investment Bank, and others arranged the facility.

The new credit facility has improved terms and conditions compared to the previous facility and further strengthens ICA Gruppen´s financial flexibility and long term financing structure. There are no financial covenants. The facility will be used for general corporate purposes and is unutilized.

The facility has been arranged by the following banks: Crédit Agricole Corporate and Investment Bank, Danske Bank AS, DNB Bank ASA, Nordea Bank AB, Skandinaviska Ensilda Banken AB, Svenska Handelsbanken AB and Swedbank AB.

ICA Gruppen AB is a retail company with a focus on food and health.