30.09.2016

Updated credit line for Rami

Finnish international rental company Ramirent has signed a new €75 million syndicated term loan facility re-financing agreement today.

The new credit facility is set to mature in 2022, lenders include Danske Bank, Nordea Bank Finland, OP Corporate Bank and Varma Mutual Pension Insurance Company.

The new line gives Ramirent committed long-term senior credit facilities of €495 million. At the end of June the company’s net debt was €354.4 million.