Suominen extends the maturity of its revolving credit facility by one year
June 16 2022 - 6:00AM
Suominen extends the maturity of its revolving credit facility by
one year
Suominen Corporation’s press release on June 16, 2022 at 1:00
p.m. (EEST)
Suominen signed in July 2020 a syndicated revolving credit
facility agreement of EUR 100 million with a maturity of three
years with two one-year extension options. Suominen has now agreed
on the utilization of the second option, extending the maturity of
the facility to July 2025. The facility is undrawn as of June 16,
2022.
SUOMINEN CORPORATION
For more information: Toni Tamminen, CFO, tel. +358 (0)10 214
3051
Suominen manufactures nonwovens as roll goods for wipes and
other applications. Our vision is to be the frontrunner for
nonwovens innovation and sustainability. The end products made of
Suominen’s nonwovens are present in people’s daily life worldwide.
Suominen’s net sales in 2021 were EUR 443.2 million and we have
over 700 professionals working in Europe and in the Americas.
Suominen’s shares are listed on Nasdaq Helsinki. Read more at
www.suominen.fi.
Distribution:
Nasdaq HelsinkiMain mediawww.suominen.fi
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