The state can release property assets held as collateral for Saab guarantees

Press release 5 July 2011

The Swedish National Debt Office, the SNDO, has today submitted a letter to the Government related to Saab's request to sell shares in the property company Saab Automobile Property AB.

The SNDO's assessment is that the state still has collateral to cover the guarantees provided, also without a pledge of shares in the current property.

The SNDO considers that it is possible for the state to release the mortgage limits in the property company Saab Automobile Property AB.

Decision on the issue will be taken by the Government.

Media contacts:
Linda Sjöblom, Acting Press Officer +46 8 613 45 38