Sydsvenska Kemi AB, the parent company of the Perstorp Group, has completed the refinancing of the bank loan it has with Svenska Handelsbanken. The main changes are that the amortisation period has been extended, the credit framework has been enlarged and the amortisation amounts have been reduced. The financial covenants have also been improved and greater flexibility and freedom have been added.

The agreement provides Sydsvenska Kemi with a credit total of SEK 4,050 million. Most of this loan has an amortisation period of seven years. The terms for Sydsvenska Kemi AB’s subordinated debenture remain unchanged.