Setterwalls advised Peab in the company’s refinancing of existing credit agreements

Setterwalls advised Peab in the company’s refinancing of existing credit agreements, which expired in May and September 2014 with a new credit facility of SEK 5.0 billion.

The five lenders in the bank group that lends money to Peab are Nordea, Swedbank, Danske Bank, Handelsbanken and SEB. The loan agreement constitutes Peab’s long-term core financing, supplemented by capital market financing, other types of short-term business financing and project-related loans.