Saab AB raises MSEK 500 in the bond market

Saab AB has today, March 28 2018, issued a floating rate bonds (FRN) of total MSEK 500 using the existing Medium Term Note programme (MTN).

The bond has been issued in one tranch according to following:

Maturity Notional Bond type
7 years               500 MSEK                 FRN

Saab currently is in a growth phase. The purpose of the transaction is to increase the financial flexibility and to diversify the debt profile during this phase.

Nordea has acted as bookrunner for the transaction.

For further information, please contact:

Saab Press Centre,

+46 (0)734 180 018

presscentre@saabgroup.com

www.saabgroup.com 

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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.