Fiskars has signed a EUR 100 million revolving credit facility
Fiskars Corporation Stock Exchange Release December 19, 2013 at 16:30 EET
Fiskars Corporation has today signed a EUR 100 million revolving credit facility with Danske Bank A/S, Helsinki Branch. The new facility replaces the company’s existing EUR 80 million revolving credit facility signed with Sampo Bank Plc in December 2007. The new facility has a tenor of five years and serves for general corporate purposes.
Fiskars has a total of EUR 450 million in committed credit facilities with Nordic banks.
Chief Financial Officer
Fiskars is a leading global supplier of consumer products for the home, garden, and outdoors. The group has a strong portfolio of respected international brands, including Fiskars, Iittala, and Gerber. Founded in 1649 and listed on NASDAQ OMX Helsinki, Fiskars is Finland’s oldest company. Fiskars recorded net sales of EUR 748 million in 2012, and employs some 4,100 people in over 20 countries. www.fiskarsgroup.com.