Saab signs Revolving Credit Facility
Saab has signed a 24 months Revolving Credit Facility Agreement of SEK 4 Billion with a group of three banks.The facility will strengthen the company’s financial flexibility, and if needed, be utilised to refinance upcoming and future loan maturities. “The facility increases Saab’s financial flexibility and demonstrates the financial market’s confidence in Saab, especially in the current uncertain economic climate”, says Magnus Örnberg, CFO of Saab. The facility has been arranged by the following banks: Skandinaviska Enskilda Banken AB (publ), Danske Bank A/S, Danmark, Sverige