Byggfakta Group signs new loan facility agreement with SEK of 50 MEUR

Byggfakta Group today announces that the company is expanding its existing credit facility by signing a loan facility agreement with AB Svensk Exportkredit (SEK). The loan facility amounts to EUR 50 million with a term of three years.

The new financing agreement strengthens Byggfakta's financial position and flexibility, which gives the opportunity for a continued active role in the consolidation of the industry. The loan facility also provides increased diversification of the company's funding sources and maturity.

About Byggfakta Group

Byggfakta Group, headquartered in Ljusdal, Sweden, with origins dating back to 1936, is a leading digital platform providing solutions connecting construction value-chain participants, maximising sales and improving efficiency for its customers. The Company’s core offering lies across four product segments, targeting different stakeholders in the construction value chain, namely (i) Project Information – a business intelligence sales lead platform; (ii) Specification – specification software digitalising the specification writing process; (iii) Product Information – an online platform that allows suppliers to showcase their products online, and provides buyers with a comprehensive catalogue of curated construction products; and (iv) e-Tendering – eSourcing and eProcurement software.