Increased credit facility in Kinnevik
(Thomson Reuters ONE) -
Investment AB Kinnevik today announced that it has increased its credit facility
of SEK 5,300 million by an additional SEK 1,200 million at the same terms and
conditions as the existing facility.
The tenure of the facility is, as previously announced, three years with
extension options for another two years.
For further information, visit www.kinnevik.se or contact:
Torun Litzén, Director Investor Relations +46 (0)8 562 000 83
+46 (0)70 762 00 83
Kinnevik was founded in 1936 and thus embodies seventy-five years of
entrepreneurship under the same group of principal owners. Kinnevik's objective
is to increase shareholder value, primarily through net asset value growth. The
company's holdings of growth companies are focused around seven comprehensive
business sectors; Telecom & Services, Online, Media, Microfinancing, Paper &
Packaging, Agriculture and Renewable energy. Kinnevik has a long history of
investing in emerging markets which has resulted in a considerable exposure to
consumer sectors in these markets. Kinnevik plays an active role on the Boards
of its holdings.
Kinnevik's class A and class B shares are listed on the NASDAQ OMX Stockholm's
list for large cap companies, within the financial and real estate sector. The
ticker codes are KINV A and KINV B.
Press release:
http://hugin.info/1114/R/1611766/512756.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Kinnevik via Thomson Reuters ONE
[HUG#1611766]
Unternehmensinformation / Kurzprofil:
Datum: 14.05.2012 - 12:01 Uhr
Sprache: Deutsch
News-ID 146066
Anzahl Zeichen: 2171
contact information:
Town:
STOCKHOLM
Kategorie:
Business News
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"Increased credit facility in Kinnevik"
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