Funding

On October 29 2015, Attendo entered into a loan agreement with Danske Bank A/S, Denmark, Sweden Filial, Skandinaviska Enskilda Banken AB (publ) and Handelsbanken AB (publ). According to the agreement, the banks agreed to provide certain credit facilities in connection with the IPO in order to refinance the existing loan financing of the company and to ensure ongoing financing of the operations.

The credit will carry an annual interest rate equivalent to the relevant IBOR plus a variable margin that will be based on Attendo’s Net debt to EBITDA ratio. The credits are subject to the condition that the company meets certain market based financial terms , including certain financial ratios, such as Net debt / EBITDA and interest coverage, which may not deviate negatively from certain levels specified in the agreement.

Credit facilities

Type Currency Amount (000') Maturity
Period loan facility EUR 106 443 2020
Period loan facility SEK 999 900 2020
Revolving credit facility, multi currency SEK 1 999 800 2020
Attendo values

Competence - for us, competence means for example that we take pride in being at the forefront of quality in our industry and that we are willing to share our results openly.

Commitment - for us, commitment means for example that we have a ”can do attitude” and always try to exceed expectations.

Care - for us, care means for example that we make people feel safe & secure.

Contact

Attendo is the largest private provider of care services in the Nordic region. We provide services ranging from elderly and social care to health, medical and dental care. For more information contact us at +46 (8) 586 252 00.