Enea enters into a new credit facilities agreement of EUR 40 million and SEK 350 million
Enea AB (publ) (“Enea”) has entered into a new facilities agreement with a term loan facility of EUR 40 million and a revolving credit facility of SEK 350 million with DNB Bank ASA and AB Svensk Exportkredit (publ) as lenders. The new facilities shall be applied towards refinancing of indebtedness to DNB Sweden AB under an existing facilities agreement and for general corporate purposes, including to finance future acquisitions. The facilities have a tenor of 3 years.
With the new credit facilities, total cash at hand and available amounts to approximately SEK 275 million.
Contacts
Jan Häglund, President and Chief Executive Officer
E-mail: [email protected]
Ola Burmark, Chief Financial Officer
E-mail: [email protected]
About Enea
Enea is one of the world’s leading specialists in software for telecommunications and cybersecurity. The company’s cloud-native products are used to enable and protect services for mobile subscribers, enterprise customers, and connected devices. More than 4.5 billion people rely on Enea technologies in their daily lives.
Enea is headquartered in Stockholm, Sweden, and is listed on Nasdaq Stockholm.
For more information: www.enea.com