CARGOTEC CORPORATION, PRESS RELEASE, JANUARY 28, 2021 AT 9:00 AM
Cargotec has completed the syndication of the merger financing
Cargotec has completed the syndication for a EUR 300 million term loan facility.
The syndication started on November 30, 2020 and the commitments made by the banks as part of the syndication led to a significant oversubscription.
Nordea Bank Abp managed the syndication process as mandated lead arranger, bookrunner and exclusive underwriter of the facility.
BNP Paribas, Danske Bank, OP Corporate Bank plc and SEB joined the facility as Mandated Lead Arrangers. Citi, Commerzbank Aktiengesellschaft, Crédit Agricole Corporate and Investment Bank, DBS Bank Ltd., London Branch, Deutsche Bank AG, Handelsbanken, Helaba, ING Belgium SA / NV, Santander, Standard Chartered and Swedbank AB (publ) acted as lead arrangers.
For more information please contact:
Mikko Puolakka, Executive Vice President and CFO, tel. +358 20 777 4105
Hanna-Maria Heikkinen, Vice President, Investor Relations, tel. +358 20 777 4084
Cargotec (Nasdaq Helsinki: CGCBV) enables smarter cargo flow for a better everyday life with its leading cargo handling solutions and services. Cargotec’s Kalmar, Hiab and MacGregor businesses are pioneers in their field. Thanks to their unique position in ports, at sea and on the road, they optimize global freight flows and create sustainable customer benefits. Cargotec’s turnover in 2019 was around 3.7 billion euros and employs around 12,000 people. www.cargotec.com
