Schibsted ASA (SCHA/SCHB) – Successful refinancing
Schibsted has successfully refinanced the EUR 300 million loan facility expiring in July 2022 with a new EUR 300 million multi-currency revolving credit facility. The new facility has a term of 5 years, with two 1 year extension options. SEB acted as sole Coordinator and the transaction was successfully supported by Schibsted’s relationship banks: Danske Bank A/S, DNB Bank ASA, Handelsbanken Capital Markets, Svenska Handelsbanken AB (publ), Skandinaviska Enskilda Banken AB (publ), Swedbank AB (publ) and BNP Paribas S.A. Norway Branch. SEB is the Facility Agent of the facility.
The facility is not drawn and secures a strong liquidity buffer going forward.
Oslo, 9 July 2021
+47 916 86 692
+47 916 86 710
This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.