Scania increases credit facility to EUR 1,000 m.


Scania increases credit facility to EUR 1,000 m.

Scania AB has signed an increased and adjusted EUR 1,000 m. revolving credit
facility that will be used for general company purposes.
The facility replaces the EUR 500 m. credit facility signed in July 2004. The
final maturity date is 31 January 2013, with a two-year renewal option. Danske
Bank coordinated the amendment of the facility and is its agent. 
“We are very pleased that we have been able to carry out this expansion under
prevailing financial market conditions. The original EUR 750 m. was greatly
oversubscribed and was then expanded to EUR 1,000 m. This reflects Scania's
solid financial position and our good working relationships with our banks,”
says 
Jan Ytterberg, Scania's Chief Financial Officer.
The banks that have re-committed to the facility are: ABN Amro, Bancu Itau,
Banco Santander, BBVA, BNP Paribas, Calyon, Citibank, Danske Bank, Deutsche
Bank, DnB NOR, HSBC, ING, Nordea, SEB, Svenska Handelsbanken and Swedbank. 


For further information, please contact:

- Stina Thorman, Head of Investor Relations, tel. +46 8 553 837 16 

- Hans-Åke Danielsson, Press Manager, tel. +46 8 553 856 62 




Scania is one of the world's leading manufacturers of trucks and buses for heavy
transport applications, and of industrial and marine engines. A growing
proportion of the company's operations consists of products and services in the
financial and service sectors, assuring Scania customers of cost-effective
transport solutions and maximum uptime. Employing 35,000 people, Scania operates
in about 100 countries. Research and development activities are concentrated in
Sweden, while production takes place in Europe and South America, with
facilities for global interchange of both components and complete vehicles. In
2006, invoiced sales totalled SEK 84.5  billion and the net income amounted to
SEK 8.5 billion. 

Scania press releases are available on the Internet at www.scania.com

Attachments

02062557.pdf