Saab issues SEK 1.1 billion under the newly established MTN programme
Defence and security company Saab has established a Medium Term Note programme (MTN) of SEK 3 billion in order to enable the issuance of long-term loans on the capital market. The programme is aimed at extending the duration of the Group's financing and reducing the utilization rate of the existing commercial paper programme.Saab has established a Medium Term Note programme (MTN) of SEK 3 billion to issue long-term loans on the capital market. Under the terms of this programme Saab has issued bonds and Floating Rate Notes (FRN) of SEK 1.1 billion, maturing in December 2013. Saab already has