Attendo AB entered into a new long-term financing agreement with current lending banks. The new agreement replaces existing credit facilities entered in 2019. The interest rate terms are linked to customer satisfaction and employee satisfaction targets to further strengthen Attendo's focus on socially sustainable value creation.

The new financing agreement includes credit facilities amounting to EUR 125 million and SEK 2.75 billion. The agreement has a term of 3 years with an option to extend for up to 2 additional years. The credit facilities are linked to selected sustainability key performance indicators (KPIs), where the interest rate is adjusted according to progress on predetermined targets for these KPIs.

The KPIs are selected based on how Attendo as a large care company can create value and contribute to the development of society, and therefore include customer satisfaction (cNPS) and employee satisfaction (eNPS). The new agreement contains, as before, customary financial commitments, including that Attendo shall fulfil certain financial terms (covenants). When the new financing agreement enters into force, the agreement from 2019 will be repaid.

The repayment is financed by loans raised under the new agreement, which means that the result in the fourth quarter 2023 will be charged with a one-off cost of approximately SEK 5 million.