Loomis signs SEK 600 million loan agreement with Nordic Investment Bank

Loomis AB signed a 600 million Swedish crowns loan agreement with the Nordic Investment Bank. The loan has an eight-year term with straight-line amortization beginning four years after disbursement. Loomis will use the loan proceeds to fund investments, through 2025, supporting its ongoing digital transformation, including for example investments in IT infrastructure and improving Loomis’ customer offering.

This press release is also available on the company’s website, www.loomis.com

September 7, 2022

Kristian Ackeby
Financial director

Mobile: +46 70 569 69 98
Email: [email protected]

Jenny Bostrom
Head of Investor Relations

Mobile: +46 79 006 45 92
Email: [email protected]

Loomis offers secure and efficient end-to-end solutions for payments and the distribution, handling, storage and recycling of cash and other valuables. Loomis customers are banks, merchants and other operators. Loomis operates through an international network of over 400 branches in over 20 countries. Loomis employs approximately 24,000 people and in 2021 generated sales of approximately 19.7 billion Swedish crowns. Loomis is listed on the Nasdaq Stockholm large cap list.

https://news.cision.com/loomis-ab/r/loomis-signs-loan-agreement-of-sek-600-million-with-the-nordic-investment-bank,c3627272

https://mb.cision.com/Main/51/3627272/1624144.pdf

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Leslie M. Gill