Boliden has entered into two new credit facilities amounting to a total of SEK 2 000 million and has thereby increased the Group's payment capacity by the same amount in the form of unutilised binding credit facilities. The agreements entered into have a seven-year tenure and are 75 per cent guaranteed by the Swedish Export Credits Guarantee Board.
The Boliden Group's payment capacity after entering into these new credit facilities amounts to SEK 9 200 million. In addition to liquid assets and the new credit facilities, the payment capacity comprises two syndicated credit facilities - one unutilised facility amounting to SEK 4 300 million maturing in 2011 and one partially utilised facility amounting to EUR 600 million mainly maturing in 2013.
For further information, please contact:
Frans Benson, Director Investor Relations, Boliden AB, tel. +46-8 610 1523