When Fagerhult conducted a review of their entire financing structure, they wished to broaden their financial base and extend their debt structure.

“As a complement to traditional bank financing, SEK was able to offer a bilateral loan at market terms. Having another source of financing, in addition to traditional banks, is definitely a plus.”

Håkan Gabrielsson, CFO, AB Fagerhult

Being able to extend its debt structure to a full seven years through SEK has been positive for Fagerhult. The relatively long tenor is based on the confidence SEK has in Fagerhult’s potential for significant continued growth and export possibilities.

Fagerhult is one of the leading companies in the new LED technology. The group has sales of about Skr 4 billion and operations in more than 20 countries. LED technology is considered an extremely significant advance from an environmental perspective, and Fagerhult’s operations meet the sustainability criteria set by SEK.