Peab prolongs its funding base

Peab has prolonged bilateral loan agreements with seven banks. The prolongation means that the loan agreements which were taken out in September 2004 with an original duration until September 2009, now will have its maturity in February 2013. The loans will carry on without amortization obligations and with unchanged conditions. The seven lenders that Peab has prolonged the loans with are Swedbank, Nordea, Danske bank, Handelsbanken, HSH Nordbank, Swedish Export Credit Corporation and DnB NOR. These loan agreements form the funding base of Peab and they are completed with other kinds of short-termed operative financing and project related loans. - We prefer to prolong the funding base of Peab now when the supply of capital is good. By a long term cooperation with our banks, we secure the supply of financial service on the markets and within the product segments where Peab operates, says Peab’s MD Mats Paulsson. For further information contact: Jesper Göransson, Finance Manager+46 733 37 10 13 Gösta Sjöström, Information manager Peab +46 733 37 10 10 Previous press releases from Peab are available at www.peab.com