Caverion – EUR 60 Million Long-Term Term Loan Agreement

We advised Caverion Corporation in relation to a new EUR 60 million unsecured long-term bullet term loan agreement that Caverion Corporation signed with its core banks. The loan will be used for general corporate purposes and it will balance the debt maturity structure and support the liquidity management in the Group. The loan will mature as a bullet loan in February 2021. The parties furthermore confirmed the EBITDA calculation principles related to the Group’s financial covenant (Net Debt/EBITDA).

Mandated Lead Arrangers of the loan arrangement are OP Corporate Bank plc, Nordea Bank Finland Plc and Skandinaviska Enskilda Banken AB (publ).