RAMIRENT HAS REFINANCED SENIOR CREDIT FACILITY

RAMIRENT PLC COMPANY ANNOUNCEMENT 31.1.2014 at 13:45

Vantaa, Finland, 2014-01-31 12:45 CET (GLOBE NEWSWIRE) —
                                           

                                                                                   

 

Ramirent Plc’s revolving credit facility agreement with Skandinaviska Enskilda Banken AB (publ) has been refinanced and set to mature in 2016. The multicurrency credit facility of EUR 75 million is used for general business needs and as a back-up for Ramirent’s domestic commercial paper programme.

After refinancing, Ramirent has committed long-term senior credit facilities of EUR 415.0 million. On 30 September 2013, Ramirent’s Net Debt was 230.3 EUR million.

RAMIRENT PLC

Magnus Rosén
President and CEO

 

FURTHER INFORMATION:  
Jonas Söderkvist, CFO and EVP Corporate Functions, tel. +358 (0)20 750 3248
Petteri Järvinen, Group Treasurer, tel. +358 (0)20 750 2849

 

DISTRIBUTION:
NASDAQ OMX Helsinki
The main media
www.ramirent.com

 

Ramirent is a leading equipment rental group delivering Dynamic Rental Solutions™ that simplify business. We serve a broad range of customers, including construction and process industries, shipyards, the public sector and households. In 2012, the Group’s net sales totalled EUR 714 million. The Group has 2,600 employees at 306 customer centres in 10 countries in the Nordic countries and in Central and Eastern Europe. Ramirent is listed on the NASDAQ OMX Helsinki Ltd.