Höganäs Borgestad Holding AB, a subsidiary of Borgestad ASA, has on 3 June 2025
agreed with Nordea Bank Abp, branch in Sweden ("Nordea") on an extension of the
existing loan commitments of the Höganäs Borgestad group until 30 June 2028.
The loan commitments with Nordea consist of a mortgage facility of SEK 47
million and an overdraft facility of SEK 70 million. The interest margin for the
loan commitments will be reduced by 0.80% compared to the existing loans. The
other terms and conditions related to the new loan commitments will essentially
correspond to the terms and conditions under the existing loan commitments with
Nordea.
The contact person is Pål Feen Larsen, CEO Borgestad ASA, +47 488 45 333
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This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act.
About Borgestad| www.borgestad.no
Borgestad ASA (OSE:BOR) is an investment company focused on real estate and
industry. The key investments include Agora Bytom shopping center and the
leading refractory manufacturer Höganäs Borgestad.
About Höganäs Borgestad | www.hoganasborgestad.com
Höganäs Borgestad develops, manufactures and delivers refractory products,
installations and turnkey solutions that enhance the productivity and
competitiveness of industrial customers. The aim is to contribute to the
customers' profitability by providing high-value refractory solutions to their
challenges. Today, the company is a leading supplier in the refractory market of
the Nordic countries and has a global presence in a number of selected
application areas.