Saab establishes an EMTN programme and issues its first EUR-denominated notes
Saab AB (publ) (“Saab”) has established a Euro Medium Term Note programme (the “EMTN Programme”) under a framework of EUR 2 billion and has in connection therewith prepared an offering circular that has been approved by Euronext Dublin. In September 2026, Saab issued notes under the EMTN Programme in a total amount of EUR 300 million, marking its debut in the Eurobond market.
Under the EMTN Programme, Saab may continuously issue medium term notes on the capital market in euros and other currencies. The notes issued in September, which are Saab’s first EUR-denominated notes, are intended to be admitted to trading on the Euronext Dublin’s Global Exchange Market.
Saab is a leading defence and security company with an enduring purpose, to help nations keep their people and society safe. Empowered by its 29,000 talented people, Saab constantly pushes the boundaries of technology to create a safer and more sustainable world. Saab designs, manufactures and maintains advanced systems in aeronautics, weapons, command and control, sensors and underwater systems. Saab is headquartered in Sweden. It has major operations all over the world and is part of the domestic defence capability of several nations.
Mannheimer Swartling advised Saab as to Swedish law in connection with the establishment of the EMTN Programme and the subsequent notes issue. The firm’s team consisted of Daniel Karlsson and Johanna Vang.
