Saab SEK 200m FRN due 2027 (MTN 124)
Key terms
- Borrower or issuer
- Saab
- Date
- 22 Dec 2020
- Type
- Bond
- Amount
- SEK 200m (US$22m)
- Pricing
- 3-month STIBOR + 2.20%; issued at 100%
- Maturity
- 2027-03-22
Recorded terms
- Structure
- Loan 124, tranche 1: floating rate note under Saab's Swedish MTN programme, listed
- Country
- Sweden
Parties
- Saab borrower or issuer
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|---|---|---|---|
| 14 Jan 2021 | TransDigm US$1.2bn 4.625% senior subordinated notes due 2029 | Bond | US$1.2bn |
| 19 Nov 2020 | Thales €500m 0% bond due 2026 | Bond | €500m |
| 13 Nov 2020 | L3Harris Technologies US$650m 1.800% notes due 2031 | Bond | US$650m |
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More from Saab
| Date | Financing | Type | Amount |
|---|---|---|---|
| 23 Sep 2026 | Saab €300m 4.25% EMTN bond due 2033 | Bond | €300m |
| 9 Sep 2025 | Saab SEK 2bn MTN issue (September 2025) | Bond | SEK 2bn |
| 17 Jun 2025 | Saab SEK 6bn revolving credit facility | Bank facility | SEK 6bn |
| Nov 2023 | Saab SEK 1.25bn MTN issue due 2028 | Bond | SEK 1.25bn |
| 24 Sep 2021 | Saab SEK 6bn revolving credit facilities (2021) | Bank facility | SEK 6bn |
| 15 Jun 2021 | Saab SEK 100m tap of the FRN due 2027 (MTN 124) | Bond | SEK 100m |
M&A and investment involving Saab
| Date | Deal | Type | Value |
|---|---|---|---|
| Dec 2018 | Saab SEK 6.0bn rights issue | Equity raise | SEK 6.01bn |
Sources
- Saab AB (publ) final terms (Slutliga Villkor), Loan 124 saab.com · 22 Dec 2020
- Saab investor relations: debt market (listed MTN bonds) saab.com · 28 Oct 2026
About this record
Record DEF-2020-0037, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ equivalents use approximate annual average exchange rates. Spotted an error or have a document we have missed? Send a correction, and changes are logged on Updates and corrections.
Read the structure
Senior notes are unsecured promises to pay, priced off government bonds; the prospectus sets the covenants, the change-of-control put and the redemption terms.
