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Saab Global

Correction of earlier press information:Saab issues 5-year loan

Earlier today defence and security company Saab has announced that it has issued a 5-year loan under the existing Medium Term Note programme (MTN). During this programme, Saab has issued bonds and Floating Rate Notes (FRN) of SEK 1 billion, with maturity in December 2018. The total size of Saab's MTN Programme is SEK 3 billion. The correct information is that during the programme, Saab has issued MSEK 250 at a fixed rate and MSEK 750 as a Floating Rate Note, with maturity in December 2018.

The purpose of the transaction is to refinance loans equalling SEK 1,100 million, with maturity in early December. Saab already has an unutilized Swedish commercial paper programme of SEK 5 billion.

"The absolute level of interest rates and credit spreads have both worked in our favour and we are pleased to say that there has been a great deal of interest in our issue," says Stefan Lind, Group Treasurer for Saab.

The terms of the issue are three months STIBOR +137 basis points with maturity in December 2018. The bonds will be listed on the NASDAQ OMX once the MTN prospectus has been approved by the Swedish Financial Services Authority (Finansinspektionen).

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:

Saab Press Centre, +46 (0)734 180 018,

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 November 28 at 11:00.