NACKA STRAND, Sweden — (BUSINESS WIRE) — February 9, 2012 — Regulatory News:
Hexagon AB announced today that it has completed a first issue under its recently established Swedish Commercial Paper Program.
The program enables Hexagon to issue commercial papers up to a total amount of SEK 5 billion. Commercial papers can be issued up to 12 months under the program. The commercial paper program forms a complement to Hexagon's core funding, diversifies the debt structure and creates increased flexibility concerning the management of debt and liquidity.
Arranger of the program is Nordea and dealers are Danske Bank, Handelsbanken, Nordea, SEB and Swedbank.
Hexagon is a leading global provider of design, measurement and visualisation technologies. Our customers can design, measure and position objects, and process and present data, to stay one step ahead of a changing world. Hexagon’s solutions increase productivity, enhance quality and allow for faster, better operational decisions, saving time, money and resources. Hexagon has over 13 000 employees in more than 40 countries and net sales of about 2 200 MEUR. Our products are used in a broad range of industries including surveying, power and energy, aerospace and defence, safety and security, construction and manufacturing. Learn more at www.hexagon.com.
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Vice President Strategy and Communications
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Robert Belkic, Group Treasurer
+46 8 601 26 35