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Today, Opus has received the new financing through Ares Management Limited, consisting of facilities of 250 MUSD (approximately 2,500 MSEK) and approximately 646 MSEK, respectively, as described in Opus press release on 1 April 2020. The duration of the loan is seven years and the interest rate is variable and determined on various financial key ratios.
The purpose of the new financing is to refinance all of Opus outstanding loans, including repurchase/redemption of Opus outstanding 2016/2022 500 MSEK Bonds. The refinancing is expected to be executed and finalised during April 2020.
Gothenburg, April 2, 2020
Opus Group AB (publ)
This is information that Opus Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out herein, at 16:00 CEST on 2 April 2020.
For additional information, please contact:
Linus Brandt, CFO & Executive Vice President
Phone: +46 722 44 09 05
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