Gränges is a global leader in aluminium rolling and recycling in selected niches. We’re committed to creating circular and sustainable aluminium solutions in partnership with our customers and suppliers - for a better future.
Gränges is a global leader in aluminium rolling and recycling. We help customers grow and transition to climate neutrality. Our products enable efficient climate control in transportation and buildings, electrification and battery components, recyclable packaging, and more.
Gränges Endure is our product brand for aluminium solutions that combine the highest technical and sustainability performance.
Gränges’ ambition is to create circular and sustainable aluminium solutions for a better future. Sustainability, alongside people and safety, is a key driver of the company’s long-term competitiveness and value creation. These elements are at the core of Gränges’ business and strategy, emphasizing their central role in differentiating the company within the industry.
Investor Relations Director
Anna Hedenberg
anna.hedenberg@granges.com +46 76 869 96 48
Working at Gränges means being surrounded by proud, talented and motivated colleagues – in a safe work environment. Our success is based on extensive industrial craftsmanship and highly employees.
Today 3,500 employees make up Gränges Group in three regions: Americas, Asia and Europe. Gränges is a global company with local presence. Are you joining the team?
Here we have brought together our press releases, financial reports and images. Gränges aims to provide open and clear information disclosure. You are very welcome to contact us if you have questions.
VP Communication & Investor Relations
Sara Lander Hyléen
sara.hyleen@granges.com +46 709 16 16 41
Gränges has entered two new credit facility agreements and refinanced part of the debt portfolio.
The first facility agreement, arranged by Citibank, Danske Bank, Svenska Handelsbanken and Nordea, consists of a revolving credit facility available in several currencies of SEK 3,500 million with a tenor of three years and a term loan of USD 100 million with a tenor of three years. The agreement has a sustainability-linked structure and will be linked to Gränges’ sustainability ambitions. Danske Bank and Nordea have acted as sustainability coordinators.
The second facility agreement, entered into with AB Svensk Exportkredit, consists of a term loan of SEK 200 million with a tenor of four years, a term loan of USD 40 million with a tenor of two years and a term loan of USD 20 million with a tenor of three years. This agreement also has a sustainability-linked structure and will be linked to Gränges’ sustainability ambitions.
“To continue integrating Gränges' ambitious sustainability agenda in our financing is a matter of course for us at Gränges. We work with sustainability in all dimensions of our business. It strengthens our long-term development as well as the company's financial profile, and it makes Gränges more attractive as a company. We are very pleased that our lenders are also supporting this development”, says Oskar Hellström, CFO and Deputy CEO at Gränges.
In connection with entering the new facility agreements, a corresponding amount will be repaid on the original facility agreements. The sustainability linkage will be activated during 2023.
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