Bactiguard has entered a credit facility agreement of 130 million SEK in total. Combined with the company’s cash position, the credit facility secures the refinancing of Bactiguard’s bond loan, which matures in December 2016.
During the autumn, Bactiguard has been working on securing the refinancing of its bond loan. The income received in connection with the additional order from
C.R. Bard has enabled the company to repurchase further bonds in the market and reduce the outstanding loan to 139 million SEK. Taking the cash position of 48.8 million SEK into account, the company’s net debt amounts to 91.6 million SEK as per 30 September. Today a credit facility of 130 million SEK in total was signed, which combined with the company’s cash position secures the refinancing of the bond loan when it expires in December 2016.
This is information that Bactiguard Holding AB (publ) is required to publish in compliance with the Swedish Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on 10 November 2015, at 16.00.
For further information, please contact:
Cecilia Edström, Director of Sales & New business; mobile +46 72 226 23 28
