STOCKHOLM, Sweden, April 22, 2004 (PRIMEZONE) -- Alfa Laval has signed a five year credit facility of USD 325 / EUR 150 million (approximately SEK 3.8 Bn) arranged by SEB Merchant Banking. The transaction was heavily oversubscribed.
The credit facility will be used to refinance the existing EUR 575 million facility and for general corporate purposes. It gives increased flexibility, extended validity and reduced cost.
Banks in the syndicate are SEB Merchant Banking, Danske Bank, ING Bank, Nordea Bank (publ), Svenska Handelsbanken AB (publ), HSBC Bank plc, FIH Erhvervsbank A/S, Natexis Banques Populaires and Nykredit Bank A/S
For further information, please contact: Peter Torstensson Alfa Laval Group Vice President, Corporate Communications Tel: +46 46 36 72 31 Mobil: +46 709 33 72 31 mailto:peter.torstensson@alfalaval.com Mikael Sjoblom Alfa Laval Group Investor Relations Manager Tel: +46 46 36 74 82 Mobil: +46 709 78 74 82 mailto:mikael.sjoblom@alfalaval.com
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Alfa Laval signs long-term credit facility