DnB and Nordea served as lenders for Bilia, which refinanced its current revolving loan and credit facility of SEK 1.5 billion ($144.6 million) with regular maturity during Q3/2020.

The new credit facility which amounts to SEK 1.5 billion ($144.6 million) is made up of SEK 900 million ($86.7 million) revolving loans and SEK 600 million ($57.8 million) overdraft, and has substantially unchanged terms. The revolving credits have a term of three years with possibility of extension with one year plus one year after creditors’ approval.

Bilia is a European car service and sales chain.