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MV Credit supports refinancing of leading IT provider Advania

June, 2024

Advania has launched a €1.03bn term loan B into the market, which includes a preplaced €95m-equivalent Swedish krona tranche partly financed by MV Credit. Advania plays a pivotal role in fostering sustainable development thereby making it an attractive company to support as it is aligned with MV Credit’s own strategy to invest in technologies that promote environmentally friendly economic activity.

“Advania and the tech industry have an important role to play in creating and developing a more sustainable society. Our commitment to sustainable business practices is of utmost importance, and we continue to support the UN Global Compact and its ten principles in the areas of human rights, working conditions, environment, and business ethics,” stated Hege Støre, CEO of Advania.