HKScan signs EUR 135 million financing arrangement

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| Source: HKScan Oyj
multilang-release

HKScan Corporation               Stock exchange release          29 November 2013                 at 12:00 pm

 

HKScan signs EUR 135 million financing arrangement

HKScan has signed an approx. EUR 135 million secured multi-currency credit facility arrangement with a Nordic banking group. The arrangement will refinance the remaining part of the syndicated credit facility established in 2007 which matures in June 2014.

The financing arrangement is coordinated by Pohjola Bank plc. In addition to Pohjola Bank, Nordea Bank Finland plc, Danske Bank A/S Helsinki branch, Swedbank AB and DNB Bank ASA are involved in the arrangement, contributing varying shares of the financing.


HKScan Corporation

Hannu Kottonen
CEO


Further information is available from HKScan Corporation's CFO, Tuomo Valkonen. Please leave any messages for him to call with Communications Manager Elina Hollo, tel. +358 40 570 4030 or +358 10 570 2133.


HKScan is one of the leading food companies in northern Europe, with home markets in Finland, Sweden, Denmark, the Baltic countries and Poland. HKScan manufactures, sells and markets pork and beef, poultry products, processed meats and convenience foods under strong brand names. Its customers are the retail, food service, industrial and export sectors. In 2012, it had net sales of EUR 2.5 billion and some 11 000 employees.
 

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