M.O.B.A. Network AB has received a credit promise of a credit facility of SEK 15 million from the bank Nordea. The agreement provides increased funding to support M.O.B.A. Network’s continued expansion and growth plans. The new credit increases M.O.B.A. Network’s flexibility with potential acquisitions and further investments in existing operations.
“We are very pleased to be able to expand our collaboration with Nordea. The credit facility gives us additional financial strength and room to maneuver in the short and long term,” says Björn Mannerqvist, CEO.
In addition to the credit facility of SEK 15 million, M.O.B.A. Network AB also has a loan of SEK 21.7 million with Nordea.
This disclosure contains information that M.O.B.A Network AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 22-12-2021 11:27 CET.