tiprankstipranks
Trending News
More News >

Instalco Secures New SEK 3.4 Billion Credit Facility

Story Highlights
Instalco Secures New SEK 3.4 Billion Credit Facility

Don’t Miss TipRanks’ Half-Year Sale

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1