Correction: Sandvik signs syndicated loan facility Sandvik AB and Sandvik Treasury AB (publ) have signed a five-year EUR 500 M Syndicated Revolving Credit Facility maturing in 2012. The facility will be used for general corporate purposes and as a complement to the existing facilities with the aim of securing Sandvik's new financial targets. MLA's and bookrunners for the transaction were Citi, Handelsbanken Capital Markets, HSBC Bank Plc and SEB. Svenska Handelsbanken is the facility agent. A highly successful and oversubscribed syndication resulted in a group of 14 participating banks. Sandviken, 3 May 2007 Sandvik AB; (publ) For further information, please call: Anders Örbom, Group Treasurer, Sandvik AB +46 26 26 10 30 Per Nordberg, Executive Vice President and CFO, Sandvik AB +46 26 26 10 60. Sandvik is a high-technology engineering group with advanced products and world-leading positions in selected areas - tools for metalworking, machinery and tools for rock excavation, stainless steel, special alloys and resistance heating materials and process systems. The Group has more than 42,000 employees, representation in 130 countries and with annual sales of more than SEK 72,000 M.
Correction: Sandvik signs syndicated loan facility
| Source: Sandvik AB