Securitas signs new revolving credit facility agreement and a new loan agreement

Rhea-AI Summary

Securitas (OTC:SCTBY) has announced the signing of two significant financing agreements. The company has secured a MEUR 1,100 multi-currency revolving credit facility consisting of two tranches: a MEUR 900 tranche maturing in 2030 and a MEUR 200 tranche maturing in 2028, with options to extend each by up to two years. This new facility replaces their existing MEUR 1,029 facility from April 2020.

Additionally, Securitas has signed a MUSD 190 loan agreement with Nordic Investment Bank, maturing in 2032. The purpose of these financing arrangements is to refinance existing debt and support the company's strategy and investments in digitalization and artificial intelligence.

Positive

• New revolving credit facility of MEUR 1,100 provides enhanced financial flexibility
• Extension options of up to two years available for both tranches of the revolving credit facility
• Long-term MUSD 190 loan secured until 2032 supporting digital transformation initiatives

Negative

• Increased debt obligations with new credit facilities

STOCKHOLM, June 30, 2025 /PRNewswire/ -- Securitas has signed a MEUR 1 100 multi-currency revolving credit facility agreement. In addition, a MUSD 190 loan agreement maturing in 2032 has been signed with Nordic Investment Bank.

The new revolving credit facility consists of two tranches: one MEUR 900 tranche maturing 2030 and one MEUR 200 tranche maturing 2028. Each tranche may be extended by up to two years. The new facility replaces the existing MEUR 1 029 revolving credit facility originally signed April 2020. 

Coordinating Mandated Lead Arrangers and bookrunners are Bank of America, Danske Bank and SEB.

Mandated Lead Arrangers and Bookrunners are Banco Bilbao Vizcaya Argentaria, S.A., BNP Paribas, Citibank, N.A., London Branch, Crédit Industriel et Commercial, Deutsche Bank Luxembourg S.A., ING Belgium S.A./ N.V., KBC Bank NV and UniCredit Bank Austria AG.

Concurrently, Securitas has signed a MUSD 190 loan agreement with Nordic Investment Bank maturing in 2032. The purpose of the facility is to refinance existing debt and consequently support Securitas continued strategy and investments in digitalization and artificial intelligence.

Further information:

Investors: Micaela Sjökvist, Vice President, Investor Relations,
+46 76 116 7443, micaela.sjokvist@securitas.com

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SOURCE Securitas

FAQ

What is the size of Securitas' (SCTBY) new revolving credit facility?

Securitas has secured a MEUR 1,100 multi-currency revolving credit facility with two tranches: MEUR 900 maturing in 2030 and MEUR 200 maturing in 2028.

What is the purpose of Securitas' new loan agreement with Nordic Investment Bank?

The MUSD 190 loan agreement will be used to refinance existing debt and support Securitas' strategy and investments in digitalization and artificial intelligence.

When do Securitas' new credit facilities mature?

The main revolving credit facility tranches mature in 2030 (MEUR 900) and 2028 (MEUR 200), while the Nordic Investment Bank loan matures in 2032.

Which banks are the Coordinating Mandated Lead Arrangers for Securitas' new credit facility?

The Coordinating Mandated Lead Arrangers and bookrunners are Bank of America, Danske Bank and SEB.