Billerud Signs Finance Agreement.Business Editors STOCKHOLM, Sweden--(BUSINESS WIRE)--Dec. 18, 2001 Billerud today signed a finance agreement with a syndicate of international banks arranged by SEB Noun 1. SEB - a form of staphylococcal enterotoxin that has been used as an incapacitating agent in biological warfare staphylococcal enterotoxin B Merchant Banking. The amount of the loan is SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 2,200 million, with a term of approximately five years. As indicated in Billerud's listing prospectus, the syndicated loan Syndicated Loan A very large loan in which a group of banks work together to provide funds for one borrower. There is usually one lead bank that takes a small percentage of the loan and syndicates the rest to other banks. Notes: Also known as a "syndicated bank facility. replaces existing short-term financing. Stockholm, 18 December 2001 Billerud AB For further information, please contact: Bert Ostlund, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , +46 8 553 335 00 or Nils Lindholm, CFO See Chief Financial Officer. , +46 8 553 335 07 Billerud manufactures and sells packaging paper, in the form of kraft paper and containerboard, as well as market pulp. Production is carried out at the Group's integrated pulp and paper mills in Gruvon, Karlsborg and Skarblacka. Billerud has a world-leading position within several well-defined product segments. The main customer base is Europe but also includes the rest of the world. Billerud has annual sales of approximately SEK 7 billion and 2,400 employees. |
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