HUMBLE INCREASES EXISTING CREDIT FACILITIES WITH A LOAN OF SEK 300 MILLION

Humble Group AB (publ) (”Humble Group” or the ”Company”) has increased existing credit facilities from Nordea Bank Abp, filial i Sverige (”Nordea”), Skandinaviska Enskilda Banken AB (”SEB”) and AB Svensk Exportkredit (”SEK”) with a loan amounting to SEK 300 million. The new loan shall be used for refinancing Humble Group’s bridge loan from Nordea and SEB amounting to SEK 150 million and for additional investments in the Company’s growth projects.

“The new loan strengthens our financial flexibility and we are pleased with the increased confidence that Nordea, SEB and SEK show us through the extended loan financing. We face an intense 2025 and the financing gives us the opportunity to invest further in the group's growth initiatives. Among other things, in the form of improved production capacity which enables us to faster meet the high demand that we see for our products.”, says Simon Petrén, CEO of Humble Group AB (publ).

For additional information, please contact:
Simon Petrén, CEO, Humble Group AB (publ)
Email: [email protected]

The information in this press release has been published by the above contact person, at the time specified by Humble Group's news distributor Cision at the time of publication of this press release.

About Humble
Humble Group is a Swedish FMCG group, which delivers next-generation consumer products that are better for people and the planet. Humble’s business consists of the business segments Future Snacking, Quality Nutrition, Sustainable Care and Nordic Distribution, which have a profile within health and sustainability. The company strives to drive organic and structural growth through acquisitions and by utilizing synergies between the business entities.

For more information visit www.humblegroup.se.

Humble’s share is listed on Nasdaq Stockholm under the ticker HUMBLE.