Cloetta has extended its current credit facility with Svenska Handelsbanken AB (publ). The extension means that the loan agreement, which had previously been due in April, 2017, now matures in April 2018. The terms of the extended agreement are unchanged compared to the previous agreement.
The extension occurs while Cloetta at the same time initiates a process to review its long-term financing options in order to optimize the capital structure and total cost of debt.
The information contained in this press release is such that Cloetta is required to disclose pursuant to the Swedish Financial Instruments Trading Act and/or the Swedish Securities Markets Act. The information was submitted for publication on 1 June 2016 at 08:00 a.m. CET.
Jacob Broberg, SVP Corporate Communications & Investor Relations, 46 70 190 00 33.