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Scandi Standard agrees new five-year sustainability-linked bank refinancing, replacing existing facilities

PUBT·07/17/2026 06:23:42
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Scandi Standard agrees new five-year sustainability-linked bank refinancing, replacing existing facilities
  • Scandi Standard issued a correction to its refinancing update, confirming a new five-year sustainability-linked bank loan to replace existing facilities.
  • Financing comprises a EUR 100 million multicurrency term loan facility and a EUR 350 million multicurrency revolving credit facility.
  • Loan includes an option to increase borrowings by up to EUR 150 million, subject to lender consent.
  • Covenants require minimum interest coverage of 3.50x, leverage capped at 4.00x, tightening to 3.00x from year five.
  • Related bank and 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: 20260717:BIT:9856:0) on July 17, 2026, and is solely responsible for the information contained therein.