Financing Agreements - KH Group has signed secured financing agreements totaling EUR 33.5 million, which includes EUR 20.5 million in term loans and EUR 13.0 million in revolving credit facilities [1] - The financing agreements have a term of two years with an option for a one-year extension, subject to the consent of the financing providers [1] - The new financing arrangement replaces previous financing agreements of KH-Koneet and Nordic Rescue Group [1] Strategic Implications - The refinancing of the entire Group and replacement of some short-term financing is expected to secure a solid financial foundation for long-term business development and support the company's growth [2] - The financing arrangement is viewed as a strategic move to enhance the operational capabilities of KH Group [2] Company Overview - KH Group Plc operates in two business areas: KH-Koneet, which supplies construction and earth-moving machinery, and Nordic Rescue Group, a manufacturer of rescue vehicles [3] - The company is listed on Nasdaq Helsinki and focuses on supporting sustainable construction and critical societal functions [3]
KH Group has signed financing agreements totalling EUR 33.5 million
Globenewswire·2026-03-30 13:00