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Saab Global

Saab Issues Schuldschein Loan Agreements Amounting To MEUR 100

Defence and security company Saab has on 21 December 2015 signed Schuldschein loan agreements of MEUR 100.

The total loans amount to MEUR 100, of which MEUR 23 is settled in the fourth quarter 2015 and MEUR 77 in the first half-year 2016. The loans mature between 2021 and 2023 and tranches are in both fixed and floating rate format. The purpose of the transaction is to strengthen Saab’s long-term financial flexibility.

The loan facilities have been arranged by BNP Paribas S.A. Niederlassung Deutschland and Citigroup Global Markets Limited. Schuldschein loan agreements are German law governed bilateral loans evidenced by certificates of indebtedness.

For further information, please contact:
Saab Press Centre,
+46 (0)734 180 018,
us on twitter: @saab

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. 

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 22 December 2015 at 09.45 (CET).