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ICA Gruppen signs SEK 1 bln bilateral loan


Tuesday, 17 Dec 2013 07:00am EST 

ICA Gruppen AB:Says has signed an agreement for a bilateral loan totalling 1 billion Swedish crowns with AB Svensk Exportkredit.Says the loan is unsecured with a seven year term at a fixed coupon rate.Says the maturity date is Dec. 19, 2020.Says the loan is part of the refinancing of the short-term bridge loan that ICA Gruppen signed in conjunction with the acquisition of the remaining shares in ICA AB. 

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