Peab renegotiates and prolongs its funding base

Peab renegotiates and prolongs its funding base

Peab has renegotiated and prolonged bilateral loan agreements amounting to SEK
3.25 billion (earlier SEK 3.0 billion) with six banks. The prolongation means
that the loan agreements, which earlier had its maturity in February 2013, now
have its maturity in September 2014. The loans are running without amortization
obligation. 

The granting banks of these loans are Danske Bank, Swedbank, Nordea,
Handelsbanken, Svensk Exportkredit and DnB NOR.

The loan agreements form the funding base of Peab and they are completed by
other kind of short-term operative financing and project related loans.

 - We have earlier this year made up the funding base of Peab Industri and now
we also look over the bank finances of Peab. With long-term fundamental banking
relations, we have good opportunities for a good cooperation in our daily work,
says Peab's MD Mats Paulsson.


For further information, please get in touch with:
Jesper Göransson, finance manager Peab +46 733 371013
Gösta Sjöström, information manager Peab +46 733 371010


This is the kind of information that Peab AB may be obliged to disclose
according to the Swedish Securities Exchange and Clearing Operations Act and/or
the Financial Instruments Trading Act.



Previous press releases from Peab are available at www.peab.com


Peab is one of the leading construction and civil engineering companies in the
Nordic countries with a net sale exceeding SEK 30 billion and approximately
12,000 employees. The Group's subsidiaries have strategically located offices in
Sweden, Norway and Finland. The share is listed on the Nordic Exchange. The
registered office of the Group is at Förslöv, Skåne in south of Sweden.