Xplora Technologies AS establishes long-term loan facility of EUR 82 million
Prenumeration
Beskrivning
| Land | Norge |
|---|---|
| Lista | Euronext Growth Oslo |
| Sektor | Informationsteknik |
| Industri | Programvara |
Oslo, 31 March 2025 – Xplora Technologies AS (“Xplora”) has entered into a long-term loan facility agreement with Nordea. The facility amounts to EUR 82 million with a maturity of four years.
The agreement secures attractive financing terms for Xplora, strengthens its financial flexibility, and supports Xplora’s strategy for growth and expansion.
Following the entry into this loan facility the company settles all other outstanding interest-bearing long-term debts.
For further information please contact:
Sten Kirkbak, CEO, +47 92203710, sten.kirkbak@xplora.com
Knut Stålen, CFO, +47 92043458, knut.stalen@xplora.com
About Xplora Technologies AS:
Xplora is a platform and services company and an industry leader in the market for children's smartwatches. Xplora was founded to give children a safe onboarding to the digital life and a better balance between screen time and physical activity. Xplora's vision is to enable children around the world to experience how their everyday activities can create value and make a positive change in the world. The company is headquartered in Norway with operations in leading European markets. Xplora is listed on Euronext Growth under the ticker symbol XPLRA.