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

Sandvik AB (PK) (USOTC:SDVKY)
Historical Stock Chart
From Jul 2024 to Jul 2024 Click Here for more Sandvik AB (PK) Charts.
Sandvik AB (PK) (USOTC:SDVKY)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Sandvik AB (PK) Charts.