Saab signs new SEK 6 billions revolving credit facility
Saab has signed a new SEK 6 billions revolving credit facility agreement with a group of 11 relationship banks.
The facility has a tenor of five years with two one-year extension options. The new facility replaces Saab’s existing SEK 4 billions and SEK 2 billions revolving credit facilities signed in 2021. This strengthens Saab’s financial flexibility and supports the company’s continued growth.
Saab is a leading defence and security company with an enduring mission, to help nations keep their people and society safe. Empowered by its 25,000 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.
Saab was advised by Mannheimer Swartling in the transaction. The firm’s team consisted of Daniel Karlsson, Rasmus Ringström and Sandra Baeza.
