Ahlstrom refinances its revolving credit facility

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Ahlstrom, a global high performance fibre-based materials company, has signed an €180 million three-year revolving credit facility.

BNP Paribas, Crédit Agricole, Nordea, Pohjola, SEB and Swedbank are mandated lead arrangers and book runners, Ahlstrom said on its website.

The facility includes two 12-month extension options for the company subject to the consent of the participating banks.

The committed facility refinances the existing €200 facility signed in June 2011 (initially €250 million) and will be used for general corporate purposes.

In 2014, Ahlstrom’s net sales amounted to €1 billion. The company employs about 3,400 people and serves customers in 22 countries.

Ahlstrom products are used in everyday applications such as filters, medical fabrics, life science and diagnostics, wall coverings and food packaging. (RKS)

Source: Free Textile and Fashion Industry News RSS XML Feeds – Fibre2fashion

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