SATO Corporation has signed EUR 175 million term loans

22 December 2023

SATO Corporation has signed in total EUR 175 million term loan facility agreements linked to its sustainability targets together with two relationship banks. The loans are secured and have maturities of three years with two one-year extension options.

The loans will be used for the refinancing of the company’s existing indebtedness as well as for the group’s general financing needs. The margins of the credit facilities are linked to SATO’s key sustainability targets.

For more information, please contact:

Markku Honkasalo, CFO, phone: +358 201 134 4226

www.sato.fi/en