Crayon Group Enhances Financing for Global Growth
Company Announcements

Crayon Group Enhances Financing for Global Growth

Crayon Group Holding ASA (CRAYF) has released an update.

Crayon Group Holding ASA has secured a new NOK 1.5 billion revolving credit facility to enhance their funding structure and support international expansion, with competitive terms and potential for a two-year extension. The facility, involving major banks like Danske Bank, ING, and Citibank, replaces an existing one and complements recent bond refinancing efforts, promising Crayon long-term financial stability and flexibility at a lower cost.

For further insights into CRAYF stock, check out TipRanks’ Stock Analysis page.

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