Tele2 signs credit facility agreement of SEK 2.5 billion - Tele2

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Feb 8, 2011 8:00 AM CET

Tele2 signs credit facility agreement of SEK 2.5 billion

Stockholm - Tele2 AB (Tele2), (NASDAQ OMX Stockholm: TEL2 A and TEL2 B) today announced that the company has entered into a 2-year revolving credit facility agreement of SEK 2.5 billion with a syndicate of five banks. The new facility further strengthens Tele2's financial position and secures an optimal capital structure within the financial disciplines already announced.

 

The arranging banks in this transaction were DnB NOR Bank ASA; Svenska Handelsbanken AB (publ); Nordea Bank AB (publ); Skandinaviska Enskilda Banken AB (publ) and Swedbank AB (publ).

Contacts

Lars Torstensson, Investor Inquiries, Telephone: +46 702 73 48 79
Pernilla Oldmark, Press Inquiries, Telephone: +46 704 26 45 45

 

 

Tele2 is one of Europe 's leading telecom OPERATORS, always providing the best deal. We have 31 million customers in 11 countries. Tele2 offers mobile services, fixed broadband and telephony, data network services, cable TV and content services. Ever since Jan Stenbeck founded the company in 1993, it has been a tough challenger to the former government monopolies and other established providers. Tele2 has been listed on the NASDAQ OMX Stockholm since 1996. In 2010, we had net sales of SEK 40.2 billion and reported an operating profit (EBITDA) of SEK 10.3 billion.

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