Modelon business line of credit is changed to SEK 5 million
2026-11-12 10:07:00
Modelon AB’s (publ) business line of credit with Nordea Bank has been changed to SEK 5 million from previously SEK 10 million. The new level is effective as of today, November 12. It should be noted that the line of credit has never been utilized and the change will not have any immediate effects on Modelon’s business. Modelon’s cash balance was SEK 19.4 million as of October 31.