Valmet has signed a new agreement for a Euro 450 million syndicated multi-currency revolving credit facility. The facility has a tenor of five years with two one-year extension options subject to the lenders’ approval.
The new facility refinances the existing Euro 300 million revolving credit facility dated October 2021 and can be used for general corporate purposes. As a reflection of Valmet’s growth and global presence, the facility size has been increased and enhanced with multi-currency capability.
At the end of Q1 202025, Valmet’s liquidity position was strong, and gearing was 36%. The new facility further secures and strengthens Valmet’s liquidity position.
Bank of America, Danske Bank, and Nordea acted as Coordinating Mandated Lead Arrangers and Bookrunners for the facility, while BNP Paribas, Citi, Credit Agricole Corporate & Investment Bank, OP Corporate Bank, SEB, and Standard Chartered acted as Mandated Lead Arrangers and Bookrunners. Danske Bank is the Facility Agent.
Valmet has a global customer base across various process industries.
