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Scandi Standard agrees new 5-year sustainability-linked loan of about EUR 450 million with bank syndicate

PUBT·07/17/2026 05:40:35
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Scandi Standard agrees new 5-year sustainability-linked loan of about EUR 450 million with bank syndicate
  • Scandi Standard agreed main terms for a new sustainability-linked bank loan of about EUR 450 million to refinance existing bank facilities.
  • Five-year package includes a EUR 100 million term loan facility, a EUR 350 million revolving credit facility.
  • Accordion option could raise total borrowings by up to EUR 150 million, subject to lender consent.
  • Covenants include minimum interest coverage of 3.50x, maximum leverage of 4.00x, tightening to 3.00x from year five.
  • Bank, legal fees total about SEK 19 million, amortized over the loan tenor.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scandi Standard AB published the original content used to generate this news brief via Cision (Ref. ID: 202607170140BITN____UKPR__EN_20260716-BIT-9785-0) on July 17, 2026, and is solely responsible for the information contained therein.