Peab renegotiates and prolongs its funding base

Peab has renegotiated and prolonged bilateral loan agreements amounting to SEK 3.25 billion (earlier SEK 3.0 billion) with six banks. The prolongation means that the loan agreements, which earlier had its maturity in February 2013, now have its maturity in September 2014. The loans are running without amortization obligation.

The granting banks of these loans are Danske Bank, Swedbank, Nordea, Handelsbanken, Svensk Exportkredit and DnB NOR.

The loan agreements form the funding base of Peab and they are completed by other kind of short-term operative financing and project related loans.

- We have earlier this year made up the funding base of Peab Industri and now we also look over the bank finances of Peab. With long-term fundamental banking relations, we have good opportunities for a good cooperation in our daily work, says Peab’s MD Mats Paulsson.


For further information, please get in touch with:
Jesper Göransson, finance manager Peab +46 733 371013
Gösta Sjöström, information manager Peab +46 733 371010


This is the kind of information that Peab AB may be obliged to disclose according to the Swedish Securities Exchange and Clearing Operations Act and/or the Financial Instruments Trading Act.



Previous press releases from Peab are available at www.peab.com