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
CALYON Corporate and Investment Bank
SEB Merchant Banking
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.