ICA Gruppen AB: ICA Gruppen signs a SEK 1 billion bilateral loan

Regulatory News:

ICA Gruppen AB (publ) has today signed an agreement for a bilateral loan totalling SEK 1 billion with AB Svensk Exportkredit (SEK). The loan is unsecured with a seven year term at a fixed coupon rate. The maturity date is 19 December 2020.

The loan is part of the refinancing of the short-term bridge loan that ICA Gruppen signed in conjunction with the acquisition of the remaining shares in ICA AB.

"This loan gives us favourable, long-term financing while extending the duration of the debt portfolio,” says Merlin Poljak, acting CFO of ICA Gruppen.

ICA Gruppen AB (publ) is one of the Nordic region’s leading retail companies, with around 2,400 of its own and retailer-owned stores in Sweden, Norway, Estonia, Latvia and Lithuania. The Group includes the retail companies ICA Sweden, ICA Norway and Rimi Baltic, ICA Real Estate, which owns and manages properties and ICA Bank, which offers financial services to Swedish customers. The Group also includes the wholly owned portfolio companies Forma Publishing Group and inkClub and partly owned portfolio companies Cervera, Hemtex and Kjell & Company. For more information see www.icagruppen.se

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ICA Gruppen discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 1:00 pm, CET on Tuesday, 17 December 2013.