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SDVKY Sandvik AB (PK)

20.19
0.09 (0.45%)
30 Jul 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Sandvik AB (PK) USOTC:SDVKY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.09 0.45% 20.19 20.10 20.25 20.24 20.11 20.126 88,676 21:00:24

Sandvik Amends Credit Facility

20/12/2013 8:31am

Dow Jones News


Sandvik AB (PK) (USOTC:SDVKY)
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Swedish engineering company Sandvik AB (SAND.SK) said Friday it has completed an amendment of a guaranteed credit facility established in Feb. 2012 at improved conditions.

 
   MAIN FACTS: 

-The facility is divided into two currencies comprising EUR650 million and SEK5 billion.

-"I am pleased that we have been able to amend the facility to better reflect current market standards and reduced borrowing margins," Sandvik group treasurer Anders Oerbom said.

-At 0800 GMT, shares were down 0.4% at SEK88.40 against a 0.1% drop in the wider Stockholm market.

Write to Gustav Sandstrom at gustav.sandstrom@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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