Close

Not sure what to search for?

We provide you an overview of the most searched keywords and visited pages

Atlas Copco increases credit facility to MUSD 1 000

April 30, 2007

Stockholm, Sweden, April 30, 2007: Atlas Copco AB has signed an increased and amended MUSD 1 000 multi-currency revolving credit facility, to be used as a back-up facility to Atlas Copco’s commercial paper programs and for general corporate purposes.

The facility replaces the MUSD 600 credit facility signed April 7, 2005. The final maturity date, April 7, 2012, is unchanged. The mandated lead arrangers and bookrunners were Citi, Deutsche Bank, Nordea Bank AB (publ) and SEB. SEB acted as coordinator of the amendment and restatement process and is the facility agent.
 “This increased credit facility, at improved terms, reflects Atlas Copco’s growth and financial strength, and solidifies our relationship with our core banking group” says Ken Lagerborg, Group Treasurer, Atlas Copco. 
 
Banks re-committing to the facility at an amount of MUSD 80 each are: Calyon, Danske Bank, Fortis, HSBC Bank, ING, Svenska Handelsbanken and Wachovia Bank. The mandated lead arrangers are committing at MUSD 110 each.For further information please contact:Ken Lagerborg, Group Treasurer, Atlas Copco AB
+46 (0)8 743 81 83 or +46 (0)73 230 81 83
Daniel Frykholm, Media Relations Manager 
+46 (0)708 65 8060