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.
|Period loan facility||EUR||106 443||2020|
|Period loan facility||SEK||999 900||2020|
|Revolving credit facility, multi currency||SEK||1 999 800||2020|