On 29 August 2023, it was announced that the Board of Directors in Vestum AB (publ) had initiated a strategic review with the aim of evaluating opportunities to increase shareholder value. The board has 04 April 2024 decided that the purpose of the strategic review has been achieved. The strategic review has therefore been completed.

Within the framework of the strategic review, the following actions have been taken: Vestum has announced its intention to redeem the SEK 900 million bond due in October 2024 with bank financing and cash. In connection with this, Vestum has updated the existing credit facility with Danske Bank, SEB and Swedbank by adding another bank, Svensk Exportkredit, and increased the credit facility framework from SEK 1,200 million to SEK 1,800 million. The refinancing is expected to be completed in April 2024.

Overall, the refinancing leads to lowered interest costs of approximately SEK 30 million per year and that no credit facilities or bonds are maturing in 2024 or 2025.