Nordic Paper has entered into a new financing agreement as change-of-control provisions of the previous financing agreement were triggered when Strategic Value Partners, LLC, through Coniferous Bidco AB, reached a controlling shareholding in Nordic Paper in December 2024.
The new credit facilities include a SEK 1.4 billion term loan and Euro 65 million revolving credit facility. There is no material impact on the Nordic Paper net result or leverage as a result of entering into the new agreement. Similar to the previous financing agreement, the duration of the new agreement runs into 2026.
Nordic Paper is a leading specialty paper producer with its base in Scandinavia.
