New SEK 5 billion credit facilities for Boliden
Boliden has entered into a new credit facility agreement of SEK 4,300 million. The loan has a three year term, and runs in part, in parallel with existing loan agreement of EUR 600 million concluded in 2006. The new credit facility expires in 2011, while the existing loan agreement expires in 2013. The new agreement has been reached with a group of 5 banks, headed by Nordea Bank AB (publ), Merchant Banking Skandinaviska Enskilda Banken AB (publ) and Swedbank AB (publ). Boliden also concluded a 7-year loan of EUR 75 million with Nordiska Investeringsbanken in June.. The average term of Boliden's debt portfolio after the transactions is 5.4 years. For further information, please contact: Carina W�ng, Acting CFO, Boliden AB, tel. +46 8 610 15 21, +46 70 539 72 23 Marcela Sylvander, Manager Group Communications, Boliden AB, tel. +46 8 610 15 59, +46 733 244 551 Patrik Osterman, Treasurer, Boliden AB, tel. +46 8 610 15 14, +46 70 246 87 07
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Boliden Mineral is a molybdenum exploration company based in Sweden.
Boliden Mineral produces molybdenum, copper, gold, lead, silver and zinc in Ireland and in Sweden, and holds various exploration projects in Argentina, in Burkina Faso, in Canada, in Mexico, in Spain and in Sweden.
Its main assets in production are BOLIDEN AREA OPERATIONS (BAO), AITIK, SKELLEFTE MINING DISTRICT and GARPENBERG in Sweden and TARA MINE (NAVAN) in Ireland and its main exploration properties are TY and PREMIER-BIG MISSOURI & MILL in Canada, LAISVALL MINE in Sweden and LOS FRAILES (APIRSA) in Spain.