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SAAB — Capital/Financing Update 2011
Mar 23, 2011
2958_rns_2011-03-23_caa0397e-2048-43a3-92a2-50218f4000f4.pdf
Capital/Financing Update
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PRESS INFORMATION
Page 1 (1)
Date Reference March 23, 2011 CU 11:014
Saab signs SEK 4 billion multicurrency revolving credit facility
Security and defence company Saab AB has signed a 5 year credit facility of SEK 4 billion to refinance the existing credit facility with maturity in March 2012.
The terms of the credit facility reflects Saab Group's strong financial position and contains no financial covenants. The credit margin is 0.65 per cent with commitment fee of 35 per cent of margin.
The facility is self-arranged and the agreement was signed with a total of 8 banks with a MSEK 500 commitment each. It will continue to strengthen Saab Group's financial flexibility in line with its strategy.
Saab serves the global market with world-leading products, services and solutions ranging from military defence to civil security. Saab has operations and employees on all continents and constantly develops, adopts and improves new technology to meet customers' changing needs.
For further information, please contact:
Investor Relations, +46 (0)8 463 01 48 Saab Press Centre, +46 (0)734 180 018
www.saabgroup.com
The information is that which Saab AB is required to declare by the Securities Business Act and/or the Financial instruments Trading Act. The information was submitted for publication on March 23 at 14:00.
Corporate ID number Internet address
+46 (0)13 18 00 00 +46 (0)8 463 0152 Linköping SE556036079301
556036-0793 www.saabgroup.com