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An announcement from Instalco AB ( (SE:INSTAL) ) is now available.
Instalco has secured a new SEK 3.4 billion credit facility agreement with its existing banking consortium, replacing the previous arrangement. This agreement, which includes a term loan and a revolving credit facility with a two-year term and an extension option, ensures Instalco’s financial stability and supports its long-term business development, reinforcing its partnership with long-term financial partners.
The most recent analyst rating on (SE:INSTAL) stock is a Hold with a SEK49.00 price target. To see the full list of analyst forecasts on Instalco AB stock, see the SE:INSTAL Stock Forecast page.
More about Instalco AB
Instalco is a leading installation company in Northern Europe, specializing in electrical, heating and plumbing, ventilation, industrial solutions, and technical consulting. The company operates in Sweden, Norway, Finland, and Germany through over 150 subsidiaries and is listed on Nasdaq Stockholm.
YTD Price Performance: -22.85%
Average Trading Volume: 741,504
Current Market Cap: SEK6.66B
See more insights into INSTAL stock on TipRanks’ Stock Analysis page.