Aker Solutions signs €400m multi-currency credit facility

Aker Solutions, a provider of oilfield products and services, has signed a syndicated multi-currency credit facility of €400m (£321m).

The facility is split into a three-year tranche of €270m and a one-and-a-half-year tranche of €130m and will be used for upcoming investments and general corporate purposes.

In the new credit facility, DNB Bank, Nordea Bank Norge, SEB, Svenska Handelsbanken and Swedbank are participating as mandated lead arrangers and book runners. SEB and Swedbank acted as co-ordinating mandated lead arrangers and book runners. SEB will also act as facility agent.