H & M Hennes & Mauritz AB has signed a new 12 months EUR 980 m revolving credit facility with a 6 months extension option in order to further strengthen its liquidity buffer and financial flexibility in response to the Covid-19 situation.
The H&M group’s liquidity remains good. The group is continuing its work to set up a combination of different financing solutions.The new facility is in addition to the company’s undrawn EUR 700 m RCF signed in 2017 and maturing 2024.The facility was supported by a group of H&M Group’s relationship banks. SEB acted as co-ordinator, joined by BNP Paribas, Danske Bank, Standard Chartered Bank and Commerzbank.
Enjoy ACROSS – The European Placemaking Magazine on your desktop, tablet, or smartphone.
![Titel_Across_1_24_Endversion[111270]](https://www.across-magazine.com/wp-content/uploads/elementor/thumbs/Titel_Across_1_24_Endversion111270-qjpg2yp7x6msxzo90wpo62uop32tmjtjils84ezryg.jpg "Titel_Across_1_24_Endversion[111270]")
By entering my e-mail address and clicking the “Subscribe” button, I declare my consent to ACROSS Medien – und Verlags GmbH to send me information on a regular basis about expert opinions, current trends, latest news, and industry events by e-mail. Being aware that I can revoke my consent to ACROSS Medien- und Verlags GmbH at any time. Privacy Policy
ACROSS Medien und Verlags GmbH
1010 Vienna, Austria
Ebendorferstraße 3|10
Phone:+43 1 533 32 60-0
E-Mail: office@across-magazine.com
For detailed information about ACROSS, the international and independent trade medium for placemaking in Europe please visit:
Media Presentation and Rates
© ACROSS Medien und Verlags GmbH, All rights reserved
