
Swedish rolled aluminium firm Gränges reportedly announced two days ago about refinancing the credit agreement that originally happened to finance its acquisition of American subsidiary - Gränges Americas Inc.

This new credit facility is a revolving one available in several currencies of SEK2000 million with a 3-year term and an option to extend for another 2 years, a 5-year term loan of US$100 million, and a revolving credit facility for Gränges Americas Inc of US$50 million with a 3-year term.
The mandated lead arrangers of these credit agreements were Danske Bank A/S, Danmark, Sverige filial, Nordea Bank Abp, filial i Sverige, and Svenska Handelsbanken AB (publ). Danske Bank A/S served as the facility agent.
In addition, Gränges has entered into a 4-year term loan amounting US$25 million with AB Svensk Exportkredit.
Gränges said it would repay the corresponding amount on the original credit facility. However, the company does not expect any positive or negative impact of the credit facilities on its financial cost for the current year.
Responses








A proud
ASI member
AL Circle Private Limited | CIN: U72200WB2017PTC221175
Registered Office: Ecospace Business Park, Block 3A, Unit 401A, New Town, Rajarhat, Kolkata, WB 700160
Corporate Office: Ecospace Business Park, Block 3A, Unit 401A, New Town, Rajarhat, Kolkata, WB 700160
© 2026 AL Circle. All rights reserved. AL Circle is not responsible for content from external sources.