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Konecranes agrees refinancing package

December 22 - Konecranes has signed a new EUR200 million (USD262 million) five-year Revolving Credit Facility with its core relationship banks.

The loan will be used for general corporate purposes and it replaces the three-year EUR 200 million (USD262 million) facility signed in April 2009.

Early refinancing enables taking advantage of the favourable market conditions and prolonging the maturity.

The Mandated Lead Arrangers and Bookrunners are Commerzbank, Credit Agricole CIB, Handelsbanken, Nordea Bank, Pohjola Bank, Sampo Bank and SEB. Nordea Bank acted as the Co-ordinating Mandated Lead Arranger and Facility Agent.

Konecranes provides lifting solutions, as well as services for lifting equipment and machine tools and serves a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals.

Heavy Lift | News

Wallenius SOL to add Vaasa call thumbnail image

Wallenius SOL to add Vaasa call

September 19 - Wallenius SOL – the joint venture of Wallenius and Swedish Orient Line (SOL) – will add Finland’s port of Vaasa to its regular liner network from November 2019.
Views: 165
CLG takes flight thumbnail image

CLG takes flight

September 19 - CargoLogic Germany (CLG) has been granted an Air Operator Certificate (AOC) by the German civil aviation authority and is ready to commence commercial operations.
Views: 134
ABC and CLA go online thumbnail image

ABC and CLA go online

September 18 - Bookings for capacity on AirBridgeCargo (ABC) and CargoLogicAir (CLA) flights can now be completed via the digital platform.
Views: 260
ALE plans Swedish branch thumbnail image

ALE plans Swedish branch

September 18 - ALE will open an office in Sweden during the last quarter of 2019 as it looks to expand its operations in Scandinavia.
Views: 347

Heavy Lift Across The World

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