Business Services Industry

AB Sardus refinances existing loan and expands it to SEK1bn

Nordic Business Report, Nov 17, 2005

NORDIC BUSINESS REPORT-17 November 2005-AB Sardus refinances existing loan and expands it to SEK1bn(C)1994-2005 M2 COMMUNICATIONS LTD http://www.m2.com

Swedish sandwich toppings and frozen food supplier AB Sardus said on Thursday (17 November) that it would refinance an existing syndicated loan and expand it from SEK800m to SEK1bn.

The new five-year loan is arranged by SEB Merchant Banking. The participants also include Danske Bank, HSH Nordbank and Nykredit.

One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).

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