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Humble Group Strengthens Financial Position with Extended Credit Facility

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Humble Group Strengthens Financial Position with Extended Credit Facility

Elevate Your Investing Strategy:

Humble Group AB ( (SE:HUMBLE) ) has issued an update.

Humble Group AB has extended its credit facilities with Nordea, SEB, and SEK, increasing the loan amount by SEK 300 million and extending the maturity date to 2027, with an option for an additional year. This move is expected to reduce interest costs and enhance the company’s financial flexibility, reinforcing its strong financial position and supporting future growth.

More about Humble Group AB

Humble Group is a Swedish FMCG group focused on delivering next-generation consumer products that are better for both people and the planet. The company operates in segments such as Future Snacking, Quality Nutrition, Sustainable Care, and Nordic Distribution, emphasizing health and sustainability. Humble Group aims to drive growth through acquisitions and synergies between its business entities.

Average Trading Volume: 783,819

Current Market Cap: SEK3.5B

Learn more about HUMBLE stock on TipRanks’ Stock Analysis page.

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