Scandinavian Biogas secures financing for repayment of bond loan 2016/2020
Scandinavian Biogas Fuels International AB (publ) (“Scandinavian Biogas or “The Company”) has today secured financing for repayment of the Company’s outstanding 2016/2020 bond loan of SEK 230 million due on February 10, 2020 (ISIN SE007784111).
The credit facility amounts to a total of SEK 230 million. The credit facility has a maturity of up to 24 months from the date of loan repayment, which is expected to take place in connection with repayment of the bond loan on February 10, 2020. The private loan has more favorable terms than the current bond.
For further information, please contact:
CEO Scandinavian Biogas
+46 (0) 70-597 99 38
The Company in brief:
Scandinavian Biogas is today one of the largest private producers of biogas as a vehicle fuel. The Company also operates a manufacturing plant for pre-treatment of food waste and industrial organic waste, as well as a plant for production of raw biogas in South Korea and a plant for production of liquid biogas in Norway.
The information in this press release is such that Scandinavian Biogas Fuels International AB (publ) must disclose in accordance with the EU Market Abuse Regulation (EU MAR) No. 596/2014. The information was submitted for publication, through the agency of the contact persons set out above, on September 30 2019, at 15:00 CET.