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Alfa Laval gets extension on credit agreement

Supplier Alfa Laval has secured changes to a credit agreement with lenders including SEB, Danske Bank and Nordea. The loan's runtime has been extended by one year until 2022.

Photo: Finn Frandsen/Politiken/Ritzau Scanpix

Swedish supplier Alfa Laval has agreed with a number of banks to change the conditions of a credit agreement that they have extended.

The company states that it has gathered credit facilities worth USD 400 and 543 million, respectively, into a loan of EUR 900 million. At the same time, the runtime has been extended by one year, so that it expires in June 2022.

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