Sandvik resumes loan agreement from the European Investment Bank

For the second time Sandvik resumes a loan agreement from The European Investment Bank (EIB).The new agreement amounts to 250 million EUR and is based on Sandvik’s investments in Research and Development in Europe during the years of 2012 to 2015. A similar loan was signed in 2007 for activities carried out during the years 2007 to 2011.

The disbursement of the loan was made in October, which has a 10 year maturity. Amortization will start after four years.

“This loan extends and evens our debt maturity profile at the same time as it contributes to a further diversification of funding sources, in line with Sandvik’s funding strategy,” says Anders Örbom, Group Treasurer, Sandvik AB.

Stockholm, 25 October 2012

Sandvik Aktiebolag

Sandvik AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 07:45 CET on 25 October 2012.

  For further information, please contact Anders Örbom, Group Treasurer, tel +46 26 26 10 30 or Magnus Larsson, Vice President Investor Relations, Sandvik AB, tel: +46 8 456 12 40.

The Sandvik Group
Sandvik is a global industrial group with advanced products and world-leading positions in selected areas – tools for metal cutting, equipment and tools for the mining and construction industries, stainless materials, special alloys, metallic and ceramic resistance materials as well as process systems. In 2011, the Group had about
50,000 employees and representation in 130 countries, with annual sales of nearly 94,000 MSEK.

For more information visit www.sandvik.com

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About Us

Sandvik Group Sandvik is a high-tech and global engineering group offering products and services that enhance customer productivity, profitability and safety. We hold world-leading positions in selected areas – tools and tooling systems for metal cutting; equipment and tools, service and technical solutions for the mining and construction industries; products in advanced stainless steels and special alloys as well as products for industrial heating. In 2016, the Group had approximately 43,000 employees and sales of 82 billion SEK in more than 150 countries within continuing operations.

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This loan extends and evens our debt maturity profile at the same time as it contributes to a further diversification of funding sources, in line with Sandvik’s funding strategy,
Anders Örbom, Group Treasurer, Sandvik AB.