Rettig Group has signed EUR 50 million loan agreements
Rettig Group Ltd has signed two loan agreements amounting to a total of EUR 50 million. The creditors are Pohjola Bank Plc and Danske Bank Plc. Both loan agreements have a five years maturity with an option for maximum two years extention. The loans are floating rate bullet loans. The financing is for general corporate purposes and partly replaces the EUR 58.15 million bond that matured in June 2015.
For further information:
Jarmo Ellmén, Group Treasurer
Tel: +358 (0)400 748769
Rettig Group is a Finnish family business that creates value for generations through sustainable and long-term growth. We focus on leading market positions and more customer value with less environmental impact. Rettig Group's businesses are Rettig ICC - indoor climate comfort, Nordkalk - limestone-based products and Bore - RoRo shipping services. In 2014 total turnover was about EUR 933 million and the group had about 4,100 employees in 25 countries.