Crayon Group Holding ASA has signed a NOK 1,5 billion revolving credit facility
with a 3-year tenor and a two-year extension option at competitive terms. The
participating banks are Danske Bank, ING and Citibank. The facility replaces
Crayons existing facility which had a maturity date in April 2025. The facility
is available for general corporate purposes.
Danske Bank acted as Documentation Coordinator, Facility/Security Agent and
Bookrunner, while ING and Citibank acted as Mandated Lead Arrangers.
The company is pleased to continue its relationship with Danske Bank, and
welcome Citibank and ING as part of Crayons core banking group. The
participation of two large international banks is a statement to Crayons strong
international position and will further support Crayons international expansion
journey.
Together with the recent bond refinancing, completed in April, the newly signed
revolving credit facility secures Crayons long-term financing requirement while
adding increased flexibility in the funding structure at a significantly lower
cost level.
For further information, please contact:
Kjell Arne Hansen
Head of Investor Relations & Corporate Finance
kjellarne.hansen@crayon.com
+47 950 40 372
About Crayon
Crayon is a customer-centric innovation and IT services company with over 4000
team members across 46 countries. We optimize businesses' IT estate to help them
innovate with expertise they can trust. Our services create value for companies
to thrive today, and scale for tomorrow. For more information, visit
www.crayon.com.