Nokian Tyres signs €100M revolving credit facility

Finnish tyre maker Nokian Tyres has signed a €100 million revolving credit facility for five years with an international bank syndicate. The company reports that the facility will be used to refinance the existing €100 million multicurrency revolving credit facility that was signed 31 March 2011, and also for “general corporate purposes.”

The coordinator and facility agent for the facility is OP Corporate Bank plc, and mandated lead arrangers and bookrunners for the facility are: Danske Bank A/S, Handelsbanken Capital Markets, Svenska Handelsbanken AB, Nordea Bank Finland, OP Corporate Bank and Swedbank AB.