Konecranes has signed a EUR 200 million ($225 million) five-year revolving credit facility with two 12-month extension options with its core relationship banks. The committed credit facility refinances the existing EUR 200 million facility signed in December 2010 and will be used for the general corporate purposes of the Group.

The mandated lead arrangers and bookrunners are Citi, Danske Bank, Nordea Bank, Pohjola Bank, SEB and Svenska Handelsbanken. In addition, BNP Paribas, Commerzbank, Crédit Agricole and Deutsche Bank acted as lead arrangers for the transaction. SEB also acted as the co-ordinating mandated lead arranger and documentation and facility agent.