Stillfront has extended its unsecured term loan facility agreement of EUR 60 million with Swedish Export Credit Corporation (SEK) as lender, by an additional year. The extension is made at the same terms and conditions as the original term loan facility agreement, which was signed in September 2022. The original four (4) years term has now been extended by one (1) additional year until September 2027. With the extension, Stillfront ensures continued cost-effective financing and financial flexibility, while improving the maturity profile of its debt portfolio.
”We are pleased to have extended the term loan with Swedish Export Credit Corporation for an additional year since it further improves our maturity profile and we maintain a diversified financing platform,” says Andreas Uddman, CFO, Stillfront.
