Gunnebo has signed a 5-year multi-currency revolving credit facility.
Gunnebo has signed a 5-year multi-currency revolving credit facility. Gunnebo has now signed the syndication of the formally announced 5-year multi-currency revolving credit facility. The syndication was oversubscribed. The size of the facility is DEM 280,000,000. The interest margin is 0,3 per cent to 0,35 per cent, depending on equity ratio. Gunnebo has through the agreement catered for all of its present needs for funding. The arrangers are SEB Debt Capital Markets and MeritaNordbanken. The syndication involves totally 11 banks. Göteborg January 15, 1999 GUNNEBO AB Information For further information, please contact: Lennart Gustavsson, Senior vice president Finance, Gunnebo AB or, Mats Eriksson, Group treasury, phone: +46-(0)31-83 68 00. Gunnebo AB is an international engineering group listed on the Stockholm Stock Exchange A-list. The Group is a leading manufacturer of products for security, perimeter protection, fastening and lifting technologies, as well as special products for the automotive and general engineering industry. The Group comprises Gunnebo Industrier, Gunnebo Perimeter Protection, Gunnebo Security and Gunnebo Gnosjö. Gunnebo has companies in 20 countries in Europe, North America, South America, Asia, Africa and Australia and has totally 3 700 employees. The Group has an annual turnover of about MSEK 4 000, with sales outside Sweden accounted for about 70 per cent. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/01/07/20040107BIT01250/wkr0001.doc http://www.waymaker.net/bitonline/2004/01/07/20040107BIT01250/wkr0002.pdf