Jump to content
Sandvik Group

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)

We would like your consent

Sandvik and our vendors use cookies (and similar technologies) to collect and process personal data (such as device identifiers, IP addresses, and website interactions) for essential site functions, analyzing site performance, personalizing content, and delivering targeted ads. Some cookies are necessary and can’t be turned off, while others are used only if you consent. The consent-based cookies help us support Sandvik and individualize your website experience. You may accept or reject all such cookies by clicking the appropriate button below. You can also consent to cookies based on their purposes via the manage cookies link below. Visit our cookie privacy policy for more details on how we use cookies.