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Oriola signed EUR 140 million revolving credit facility linked to sustainability targets


Oriola Corporation Investor News 23 June 2021 at 7.00 p.m.

Oriola signed EUR 140 million revolving credit facility linked to sustainability targets

Oriola has signed a new unsecured revolving credit facility agreement for a total of EUR 140 million for three years. The facility is committed and includes an option to be extended by two years. The new revolving credit facility will replace the existing 100 MEUR agreement that was signed in June 2017.

The margin of the revolving credit facility is linked to Oriola’s financial covenants and for the first time also linked to the performance of sustainability targets.

“Sustainability is part of Oriola’s strategy. The targets of the Facility are key performance indicators: with targeted reduction in carbon dioxide emissions in Oriola’s own operations and increase in recycling rate,” says CFO Helena Kukkonen.

Danske Bank, OP Corporate Bank and SEB were acting as Mandated Lead Arrangers. SEB acted as coordinator, sustainability coordinator and agent in the transaction.

Further information:

Helena Kukkonen, CFO, tel. +358 10 429 2112 or email:

Katja Graff, Manager Treasury and IR, tel. +358 10 429 013 or email:

Oriola is a health and wellbeing company operating in the Nordic countries. We help people to lead healthier lives by giving them access to sustainable health and wellbeing products and services. In Sweden, Oriola owns the country’s third-largest pharmacy chain, Kronans Apotek. In addition to pharmacies, our dose-dispensing, medical information and patient support services enhance the safety and effectiveness of pharmaceutical care. Our expert services support pharmaceutical companies throughout the entire lifecycle of medicines. Oriola’s supply chain ensures reliable and safe delivery of pharmaceuticals to pharmacies, hospital pharmacies, veterinarians and other healthcare operators. In 2020, Oriola Corporation’s net sales were 1.8 billion euros and we employed nearly 4,300 professionals. Oriola Corporation is listed on Nasdaq Helsinki.