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SSAB Secures EUR800 Million Syndicated Revolving Credit Facility

MT Newswires·11/12/2026 04:45:49
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04:45 AM EST, 11/12/2026 (MT Newswires) -- Swedish steelmaker SSAB (SSABAH.HE, SSAB-A.ST) secured an 800-million-euro syndicated multi-currency revolving credit facility with a five-year maturity and two one-year extension options. The new agreement refinances an existing 700 million-euro revolving credit facility from May 2022, with funds allocated to general corporate purposes, according to a Thursday release. Crédit Agricole Corporate and Investment Bank and DNB Carnegie coordinated the new financing, while DNB Bank acted as facility agent and 12 banks acted as mandated lead arrangers and bookrunners.