Kindred utilises extension option of revolving credit facility agreement and broadens group of lenders

Kindred now utilises the extension option to secure the existing financing until November 2025. At the same time the banking group will be broadened with a third international bank and EUR 40 million of the accordion feature will be utilised. The total committed facilities thereby increase to EUR 256.7 million, with a continued possibility to, under certain conditions, increase the total commitments up to EUR 325 million. Kindred now utilises the extension option to secure the existing...

VALLETTA, Malta, 15/12/2022 (informazione.it - comunicati stampa - internet)

Kindred now utilises the extension option to secure the existing financing until November 2025 . At the same time the banking group will be broadened with a third international bank and EUR 40 million of the accordion feature will be utilised. The total committed facilities thereby increase to EUR 256.7 million , with a continued possibility to, under certain conditions, increase the total commitments up to EUR 325 million .

This further increases Kindred's financial flexibility and supports Kindred's growth initiatives and long-term strategy.

Patrick Kortman , Director - Corporate Development & Investor Relations, +46 723 877 438
Linda Lyth , Investor Relations Manager, +46 767 681 337
ir@kindredgroup.com

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