White & Case LLP - News - White & Case assisted SSAB AB (publ) in connection with new credit facilities


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White & Case assisted SSAB AB (publ) in connection with new credit facilities

Stockholm, 2012-02-17 ... The new credit facilities to SSAB included a syndicated revolving credit facility, a bilateral credit facility, a facility backed by emission allowances and another asset-backed credit facility, in aggregate in amount equal to SEK 7.8b. Certain credit facilities replace existing facilities.

The emission allowances backed financing is the first of its kind in Sweden.

SSAB is a world-leading producer of high strength steel with revenues of SEK 40b and is listed on NASDAQ OMX Nordic Exchange, Stockholm.

The White & Case global team was lead by banking and capital markets partners Magnus Wennerhorn and Carl Hugo Parment.

	News
Staff Carl Hugo Parment Magnus Wennerhorn Office Stockholm	White & Case assisted SSAB AB (publ) in connection with new credit facilities Stockholm, 2012-02-17 ... The new credit facilities to SSAB included a syndicated revolving credit facility, a bilateral credit facility, a facility backed by emission allowances and another asset-backed credit facility, in aggregate in amount equal to SEK 7.8b. Certain credit facilities replace existing facilities. The emission allowances backed financing is the first of its kind in Sweden. SSAB is a world-leading producer of high strength steel with revenues of SEK 40b and is listed on NASDAQ OMX Nordic Exchange, Stockholm. The White & Case global team was lead by banking and capital markets partners Magnus Wennerhorn and Carl Hugo Parment.