The credit facility matures in the first quarter of 2029 and includes two extension options of one year each. The participating banks are Handelsbanken, SEB, Swedbank, Nordea and OP Corporate Bank, with Handelsbanken acting as Coordinator. The facility will be used to refinance JM AB’s existing bilateral credit agreements amounting to SEK 2.8 billion as well as local credit agreements in JM Finland, and for general corporate purposes. The facility is supplemented by an existing overdraft facility of SEK 400 million and ongoing project‑related financing.

The new syndicated facility strengthens JM’s financial flexibility and provides improved conditions for JM’s long‑term development. Through coordination within a common credit structure, administration is also streamlined, while JM gains improved liquidity preparedness and strengthens already good banking relationships.

– It is very gratifying that, through this credit facility, JM further strengthens its strong financial position. It provides JM with increased stability and room for manoeuvre in a market that continues to be characterized by uncertainty. We are pleased with the confidence shown to us by our Nordic banking partners, says Tobias Bjurling, CFO of JM.