STOCKHOLM, Sweden, July 16, 2003 (PRIMEZONE) -- On July 15, 2003, Lansforsakringar Bank signed a syndicated loan facility, split into a Term Loan and a Revolving Credit, on the international capital market. The loan facility was oversubscribed by EUR 50 M, upon which the amount was increased to EUR 150 M. The loan agreement pertains to borrowing over three years and the mandated lead arrangers are Bayern Landesbank, Danske Bank and HSH Nordbank.
"Our strong growth in the home-loan market involves a continued need for borrowing in the capital market. We are now borrowing for the first time in the international market. The syndicate is contributing to the financing of the bank's long-term expansion," said Anders Larsson, CFO Lansforsakringar Bank.
The following banks are lenders in the syndicate:
BayernLB Mandated Lead Arranger Danske Bank Mandated Lead Arranger HSH Nordbank Mandated Lead Arranger Credit Suisse First Boston Arranger Landesbank Rheinland-Pfalz Arranger Natexis Banques Populaires Arranger SEB Merchant Banking Arranger Swedbank Arranger The Royal Bank of Scotland plc Arranger Nordea Senior Lead Manager Raiffeisen Zentralbank Oesterreich AG Senior Lead Manager Baden-Wurttembergische Bank AG Lead Manager Erste Bank der Oesterreichischen Sparkassen AG Lead Manager Landesbank Saar Girozentrale Lead Manager
For further information, please contact: Tomas Johansson, CEO Lansforsakringar Bank +46 73 964 19 82 tomas.johansson@lansforsakringar.se Anders Larsson, Financial Manager, Lansforsakringar Bank +46 73 964 11 54 andersn.larsson@lansforsakringar.se Mikael Ostlund, Vice President Corporate Communications +46 70 553 12 82 mikael.ostlund@lansforsakringar.se
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