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Saab Global

Saab signs SEK 4 billion credit facility

Saab AB has today signed a 5+1+1 year credit facility of SEK 4 billion. The facility is structured as a club loan with eight relationship banks. The facility can be used for general corporate purposes of the Saab Group in order to increase our long-term financial flexibility.

The facility was co-ordinated by SEB Merchant Banking. The following banks are joining the facility as Mandated Lead Arrangers with a SEK 500 million commitment each: ABN AMRO Bank N.V., Stockholm Branch Barclays Capital BNP Paribas CALYON Corporate and Investment Bank SEB Merchant Banking Svenska Handelsbanken Swedbank The Royal Bank of Scotland The Facility margin is 0,25 %, the commitment fee is 0,08 % and utilisation fee is 0,025 % for drawings in excess of 50% of the Facility.