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Storytel refinances bank loans and extends credits at Swedbank – strengthens its financial position

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Storytel AB (publ) (“Storytel” or the “Company”) has today entered into a new loan agreement with Swedbank. The refinancing means that Storytel extends its existing long-term loans to a total of SEK 500 million and removes the annual repayment of currently approximately SEK 30 million. The refinancing strengthens Storytel’s financial position and creates a robust base for continued aggressive investments in the digitalization of the book market and to continue the Company’s strategic expansion journey.
The new loan agreement with Swedbank strengthens Storytel’s balance sheet and enables the

Source: Storytel refinances bank loans and extends credits at Swedbank – strengthens its financial position

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