Saab Signs a SEK 4 Billion Multicurrency Revolving Credit Facility
Defence and security company Saab has signed a multi-currency revolving credit facility of SEK 4 Billion with an initial term of five years and with a possibility to extend the term with one plus one year. This is done in order to refinance the existing facility with maturity 2016 and to be used for general corporate purposes. The facility continues to strengthen Saab’s financial flexibility.
The facility has been arranged by the following banks which each has a commitment of MSEK 500: Skandinaviska Enskilda Banken AB, BNP Paribas, Citibank N.A, Crédit Agricole Corporate and Investment Bank, Danske Bank A/S, Nordea Bank AB, Swedbank AB and the Royal Bank of Scotland Plc.
Saab serves the global market with world-leading products, services and solutions within military defence and civil security. Saab has operations and employees on all continents around the world. Through innovative, collaborative and pragmatic thinking, Saab develops, adopts and improves new technology to meet customers’ changing needs.
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