Sweco Converts EUR 400 Million Credit Facility to Sustainability-Linked Loan

Sweco AB ( ($SE:SWEC.B) ) has issued an update.

Sweco has converted its refinanced EUR 400 million revolving credit facility into a sustainability-linked loan, aligning it with the company’s sustainability targets. The facility, intended for general corporate purposes and acquisitions, ties Sweco’s interest expenses to key performance indicators related to climate impact and workforce environment, including significant GHG emission reductions and gender equality goals. This move underscores Sweco’s commitment to integrating sustainability into its operations and reflects confidence from its banking partners.

The most recent analyst rating on ($SE:SWEC.B) stock is a Buy with a SEK169.00 price target. To see the full list of analyst forecasts on Sweco AB stock, see the SE:SWEC.B Stock Forecast page.

More about Sweco AB

Sweco is Europe’s leading architecture and engineering consultancy, specializing in planning and designing sustainable communities and cities. With a workforce of 22,000 architects, engineers, and experts, the company focuses on facilitating the green transition, maximizing digitalization potential, and enhancing community resilience. In 2024, Sweco reported sales of approximately SEK 31 billion (EUR 2.7 billion) and is listed on Nasdaq Stockholm.

Average Trading Volume: 243,274

Current Market Cap: SEK59.02B

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