HOGANAS, Sweden, June 29, 2005 (PRIMEZONE) -- Hoganas has signed new long term credit facilities with Danske Bank, Nordea, Svenska Handelsbanken and HSBC (Hongkong Shanghai Banking Corporation). These facilities, which replace existing agreements, amount to MEUR 225. The facilities have a five-year maturity with an extension option of a maximum of 2 years.
HOGANAS AB (publ) Corporate Communications
Hoganas was founded in 1797 and is today a leader within the iron and metal powder industry. End products are mainly used by the automotive industry and home appliances, lawn and garden and hand-tools. In 2004 the turnover was MSEK 4 162 (3 750) and income before tax MSEK 600 (514). Hoganas is listed on the Stockholm Stock Exchange's A-list. For further information please visit our website www.hoganas.com
The press release can be downloaded from the following link: http://hugin.info/1095/R/1000610/153076.pdf
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