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SCA publishes map of nature conservation areas
SCA has published on its website a digital map of the company’s forests voluntarily set-aside for nature conservation. This is forests that SCA has voluntarily exempted from forest management due to its high conservation values. The areas include forests that are managed with adapted methods to improve conditions for biodiversity and also SCA’s own conservation parks.
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SCA acquires another 10,000 hectares of forest land in Latvia
SCA has signed an agreement to acquire Sundin Mezs SIA from the unlisted Swedish company Livland Skog AB. Sundin Mezs SIA owns forest and land assets in Latvia. The purchase price is approximately SEK 260 million (€24.2m) on a debt-free basis.
0 Non-regulatory -
Invitation to SCA’s Q2 2019 press conference
The press conference is held in connection with the publication of SCA’s interim report for the second quarter of 2019 and is available via webcast or by phone.
0 Non-regulatory -
SCA signs credit facility agreement of SEK 5 Billion and secures a SEK 1 Billion loan from the Nordic Investment Bank
Svenska Cellulosa Aktiebolaget SCA (publ) has signed a new credit facility of SEK 5 Billion. The new facilitety is a refinancing of the current undrawn credit facilitys of SEK 8 Billion that was signed in 2017. The credit facility is primarily a back-up facility that will remain undrawn and serve as a liquidity reserve for the company.
0 Non-regulatory -
SCA sells logistics terminal in Rotterdam
SCA intends to divest SCA Logistics (Rotterdam) B.V. to the Dutch company Matrans Holdings B.V. The transaction is expected to reduce SCA’s net debt by about 575 M SEK, including both the purchase price and the effect of financial leases which are included in the sale. The divestment is expected to reduce SCA’s EBITDA by around 30 M SEK on an annual basis.
6 Non-regulatory
