Klarabo has extended an existing loan of SEK 365 million until the autumn 2026. The credit margin in the loan is below KlaraBo's current average credit margin and at the same time the company extend its loan maturity to 2.4 years with the new loan, compared to 2.2 years based on figures from September 2023. KlaraBo has thus no additional credits due during the remainder of the year or during 2024.
"It is very satisfying to be able to extend a loan with good terms in the current market environment. All of Klarabo's loans are taken out via Nordic banks, which is a significant advantage in today's situation. The extended capital maturity also contributes to increased predictability and a reduced refinancing risk," says Andreas Morfiadakis, CEO Klarabo.
The current loan represents approximately 7 percent of Klarabo's total outstanding loan debt.