{"id":12261,"date":"2022-09-30T12:34:00","date_gmt":"2022-09-30T12:34:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/3889486_AE89486_0"},"modified":"2022-09-30T12:34:00","modified_gmt":"2022-09-30T12:34:00","slug":"mycronic-renews-bank-financing-agreement","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=12261","title":{"rendered":"Mycronic renews bank financing agreement"},"content":{"rendered":"
<\/div>\n

STOCKHOLM<\/span>, Sept. 30, 2022<\/span> \/PRNewswire\/ — Mycronic AB (publ) has renewed its revolving credit facility agreement with Nordea of SEK 1,000 million<\/span> until September 2026<\/span> in order to ensure further freedom to act on business opportunities.<\/p>\n

The agreement with Nordea has been renewed and is valid for four years, until September 2026<\/span>. A corresponding revolving credit facility agreement with Handelsbanken of SEK 1,000 million<\/span>, which matures in May 2025<\/span>, remains in place. In total, Mycronic thus has continued access to bank financing of SEK 2,000 million<\/span>.<\/p>\n

“The renewal of the bank financing agreement with Nordea ensures our ability to continue to be open to acquisition and growth opportunities and maintains a good maturity structure over time”, says Pierre Brorsson, CFO & Sr VP Corporate Development.<\/p>\n

For additional information, please contact:<\/b>
Pierre Brorsson
CFO & Sr VP Corporate Development
Tel: +46 8 638 52 00
E-mail: pierre.brorsson@mycronic.com<\/a><\/p>\n

Sven Chetkovich 
Director Investor Relations
Tel: +46 70 558 39 19
E-mail: sven.chetkovich@mycronic.com<\/a><\/p>\n

The information in this press release was published on September 30, 2022<\/span>, at 2:00 p.m. CEST<\/span>.<\/p>\n

About Mycronic<\/b>
Mycronic is a Swedish high-tech company engaged in the development, manufacture and marketing of production equipment with high precision and flexibility requirements for the electronics industry. Mycronic’s headquarters are located in T\u00e4by, north of Stockholm<\/span> and the Group has subsidiaries in China<\/span>, France<\/span>, Germany<\/span>, Japan<\/span>, the Netherlands<\/span>, Singapore<\/span>, South Korea<\/span>, United Kingdom<\/span>, United States<\/span> and Vietnam<\/span>. Mycronic is listed on NASDAQ Stockholm. www.mycronic.com<\/a> <\/p>\n

This information was brought to you by Cision http:\/\/news.cision.com<\/a><\/p>\n

https:\/\/news.cision.com\/mycronic-ab\/r\/mycronic-renews-bank-financing-agreement,c3640281<\/a><\/p>\n

The following files are available for download:<\/p>\n","protected":false},"excerpt":{"rendered":"

STOCKHOLM, Sept. 30, 2022 \/PRNewswire\/ — Mycronic AB (publ) has renewed its revolving credit facility agreement with Nordea of SEK 1,000 million until September 2026 in order to ensure further freedom to act on business opportunities. The agreement with Nordea has been renewed and is valid for four years, until September 2026. A corresponding revolving […]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-12261","post","type-post","status-publish","format-standard","hentry","category-business-news"],"yoast_head":"\nMycronic renews bank financing agreement - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=12261\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mycronic renews bank financing agreement - My Blog\" \/>\n<meta property=\"og:description\" content=\"STOCKHOLM, Sept. 30, 2022 \/PRNewswire\/ — Mycronic AB (publ) has renewed its revolving credit facility agreement with Nordea of SEK 1,000 million until September 2026 in order to ensure further freedom to act on business opportunities. 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