Loans and credit facilities

Lindex Group’s external financing consists of a credit facility and corporate bonds.

Committed credit facilities
In July 2023, Lindex Group signed for a secured revolving credit facility of EUR 40 million, which will mature in July 2028.
In February 2026, Lindex Group signed a EUR 50 million secured revolving credit facility agreement. The revolving credit facility matures in May 2027, subject to a 15-month extension option. 

Corporate bonds
As a part of the corporate restructuring programme, Lindex Group plc has announced an offering of senior secured bonds to certain unsecured creditors of the issuer under the restructuring programme. Pursuant to the restructuring programme, the unsecured creditors have been entitled to convert their receivables under the payment programme of the restructuring programme that have been confirmed to unsecured debt, by way of set-off, to senior secured bonds on a euro-for-euro basis. The aggregate principal amount of the bonds validly subscribed for by the unsecured creditors is EUR 73.1 million. Accordingly, Lindex Group has issued bonds to the aggregate principal amount of EUR 73.1 million. The maturity of the bonds is up to July 2026, and they carry a fixed interest rate of 0.10 per cent per annum.

Credit rating
Lindex Group has not applied for a credit rating from any credit rating institution.

Financial risk management
Lindex Group’s financing and the management of financial risks are handled on a centralized basis within the Treasury function in accordance with the policy adopted by the Board of Directors. For information about the financial risk management, see the note 4.8 in the Financial Statements.