Securitas AB Secures Financing Boost

Securitas AB, a global security service provider, has entered into a new revolving credit facility agreement. The agreement is valued at approximately 1.1 billion euros and replaces the company’s existing facility.

Key Terms of the Revolving Credit Facility Agreement

• The agreement consists of two tranches with different maturity dates:
  • One tranche matures in 2030
  • The other tranche matures in 2028, with an option to extend by up to two years
• The agreement also includes an option to extend the 2028 tranche by up to two years

Securitas has also signed a new loan agreement with Nordic Investment Bank. The loan is valued at approximately 190 million US dollars and matures in 2032.

Loan Agreement with Nordic Investment Bank

• Loan value: approximately 190 million US dollars
• Maturity date: 2032

The financing agreements are expected to support the company’s investments in digitalization and AI. Securitas’ stock price has been relatively stable, with a recent close price of around 142.6 SEK. This price is near the company’s 52-week high.