Humble Group AB (publ) ("Humble Group" orthe "Company") has increased existing credit facilities from Nordea Bank Abp, filial i Sverige ("Nordea"), Skandinaviska Enskilda Banken AB ("SEB") and AB Svensk Exportkredit ("SEK") with a loan amount of SEK 300 million. The new loan will be used to refinance the Company's bridge loan from Nordea and SEB of SEK 150 million and to invest further in the Company's growth projects.
"The new loan strengthens our financial flexibility and we are pleased with the confidence that Nordea, SEB and SEK show us through the increased loan financing. We are facing an intense 2025 and the financing gives us the opportunity to invest further in the Group's growth projects. Among other things, in the form of improved production capacity, to be able to meet the high demand we see for our products more quickly." says Simon Petrén, CEO Humble Group.
For further information, please contact:
Simon Petrén, CEO, Humble Group AB
E-mail: simon.petren@humblegroup.se
The information in this press release has been published through the agency of the contact person set out above, at the time stated by Humble Group's news distributor Cision at the publication of this press release.
About Humble
Humble Group is a Swedish FMCG group delivering next generation consumer products that are better for people and the planet. Humble's operations consist of the business segments Future Snacking, Quality Nutrition, Sustainable Care and Nordic Distribution, which have a focus on health and sustainability. The company aims to drive organic and structural growth through acquisitions and with synergies in the business units.
For more information, please visit www.humblegroup.se.
Humble's shares are traded under the ticker HUMBLE on Nasdaq Stockholm.
