Borenius advised the lenders on a EUR 210 million term and revolving credit facility for Musti Group

We advised a club of three lenders on a new EUR 210 million term and revolving credit facility for Musti Group. The new facility agreement comprises a committed EUR 110 million term loan facility, a committed EUR 100 million revolving credit facility, and a EUR 60 million uncommitted accordion facility.

The facilities have a maturity of three years with a one-year extension option. They will be used to refinance Musti Group’s existing indebtedness and to support Musti Group in achieving long-term strategic goals.

The club of lenders consisted of three Nordic banks and was led by Danske Bank A/S as coordinating mandated lead arranger and bookrunner as well as agent.