Electrolux Signs Revolving Credit Facility

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STOCKHOLM--(BUSINESS WIRE)-- Regulatory News:

Electrolux (STO: ELUXA)(STO: ELUXB) has entered into a new EUR 500 million multi-currency revolving credit facility agreement with a group of 11 banks.

The facility is for general corporate purposes and has a five-year maturity, with extension options for up to two more years. The new facility will refinance an existing EUR 500 million syndicated facility which matures in June 2012.

The facility was oversubscribed during syndication, but was not increased.

The active Bookrunners, Co-ordinators and Mandated Lead Arrangers are Citi and SEB. Deutsche Bank also joined the facility as a Bookrunner and Mandated Lead Arranger. Mandated Lead Arrangers in the facility are Crédit Agricole Corporate and Investment Bank, Danske Bank, HSBC Bank plc, J.P. Morgan Limited, Morgan Stanley, Nordea, Swedbank and The Royal Bank of Scotland.

"It is a sign of Electrolux financial strength and credibility that we have been able to achieve a facility like this in today’s economic climate,” says Mikael Friberg, Group Treasurer of Electrolux.

Electrolux may be required to disclose the information provided herein pursuant to the Securities Market Act. The information was submitted for publication at 14.15 CET on December 13, 2011.

Electrolux is a global leader in household appliances and appliances for professional use, selling more than 40 million products to customers in more than 150 markets every year. The company focuses on innovative products that are thoughtfully designed, based on extensive consumer insight, to meet the real needs of consumers and professionals. Electrolux products include refrigerators, dishwashers, washing machines, cookers, air-conditioners and small appliances such as vacuum cleaners sold under esteemed brands like Electrolux, AEG, Eureka and Frigidaire. In 2010 Electrolux had sales of SEK 106 billion and 52,000 employees. For more information, go to www.electrolux.com/press and www.electrolux.com/news.

This information was brought to you by Cision http://www.cisionwire.com

Electrolux Press Hotline, +46 8 657 65 07.

Source: Electrolux

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