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MAXIMA GRUPĖ amended credit agreements and increased financing by 29 mEUR back to the original total amount of 100 mEUR

Written by Customer Service on . Posted in Public Companies.

MAXIMA GRUPĖ, UAB (hereinafter – „the Company“) informs that it has amended financing agreements with AB SEB bankas and Skandinaviska Enskilda Banken AB and „Swedbank“, AB signed in 2023. Amendments include new financing of 29 mEUR which reinstates amortized current exposure of 71 mEUR back to the original total financing amount of 100mEUR, i.e. 50 mEUR with AB SEB bankas and Skandinaviska Enskilda Banken AB and 50 mEUR with „Swedbank“, AB.

Financing is provided for the Company’s general business needs for a new period of 5 (five) years and contains new flexible repayment schedule with close to 1/3 balloon repayment at maturity. Funds are expected to be used for the investments into expansion, reconstruction and operational efficiency.
Financing agreements remain fully unsecured.

Additional information

MAXIMA GRUPĖ, UAB manages retail chains MAXIMA (in the Baltic countries), STOKROTKA (in Poland), T MARKET (in Bulgaria), and the online food store BARBORA, operating in the Baltic countries.

MAXIMA GRUPĖ, UAB is part of the Vilniaus prekyba group of companies. Through its other subsidiary companies, Vilniaus prekyba controls investments in retail and pharmacy chains, restaurant chains, as well as real estate development and rental service companies in the Baltic countries, Sweden, Poland, and Bulgaria.

More information:
Lauryna Šaltinė
MAXIMA GRUPĖ, CFO
lauryna.saltine@maximagrupe.eu

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