Boliden enters into a syndicated Multi-Currency Revolving Credit Facility amounting to MSEK 6 100

Boliden has together with 9 banks entered into a syndicated Multi-Currency Revolving Credit Facility amounting to MSEK 6 100. The facility has a tenor of five years and its main purpose being refinancing an existing facility amounting to MSEK 4 300 maturing in 2011. 

The new facility is currently unutilized. 

  

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Boliden is a leading European metals company whose core competence is in the fields of exploration, mining, smelting and recycling. Boliden's main metals are zinc and copper. Other important metals extracted and refined include lead, gold and silver. The operations are conducted in two Business Areas: Mines and Smelters. The number of employees is approximately 4,400 and the turnover amounts to approximately SEK 28 billion annually. Its shares are listed on NASDAQ OMX Stockholm, segment Large Cap and on the Toronto Stock Exchange in Canada.
www.boliden.com

For further information, please contact: 

Frans Benson, Director Investor Relations, Boliden AB, tel +46 8 610 15 23

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"The zinc and silver deposit Garpenberg continues to deliver good results, this year was no exception. At the same time we are also starting to get positive results from a more focused exploration strategy at and around the mines in the Boliden Area," says Stefan Romedahl, President Business Area Mines.

"In the last quarter of the first century of Boliden's operations, we are once again showing that we have a fundamental stability in both our business areas. Among our mines, the general development is particularly positive in the Boliden Area as well as Garpenberg. In our smelting operations, our Finnish units are again showing the greatest strength." - Mikael Staffas, President and CEO

Boliden's Extraordinary General Meeting was held on January 23, 2025 live in Stockholm and through postal voting.