BRIEF-SSAB launches 5 bln SEK rights issue

April 22, 2016 5:29 AM

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* Says has resolved to launch a rights issue of class B shares of around SEK 5 billion crowns ($615 million)

* Further financing measures taken include an extension of debt maturities of SEK 3.2 billion, existing bank guarantee extensions of SEK 3.7 billion and a new five-year (3+1+1 years) RCF of EUR 300-500 million (EUR 300 million is committed by three relationship banks and the remaining amount to be s...

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