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Tele2 Sign Credit Facility Agreement of SEK 2.5 Billion - Tele2 AB (Tele2), (NASDAQ OMX Stockholm: TEL2 A and TEL2 B) announced that the company has entered into a 2-year revolving credit facility agreement of SEK 2.5 billion
Tele2 Sign Credit Facility Agreement of SEK 2.5 Billion

 

PRZOOM - /newswire/ - Stockholm, Sweden, 2011/02/08 - Tele2 AB (Tele2), (NASDAQ OMX Stockholm: TEL2 A and TEL2 B) announced that the company has entered into a 2-year revolving credit facility agreement of SEK 2.5 billion. OMX Stockholm: TEL2A

   
 
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Tele2 AB (Tele2), 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).

Tele2 (tele2.com) 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.

Contact: Lars Torstensson, Investor Inquiries, T: +46 702 73 48 79

 
 
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Agency / Source: Tele2 AB

 
 

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Tele2 Sign Credit Facility Agreement of SEK 2.5 Billion

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Tele2 AB |
Contact: Pernilla Oldmark - Tele2.com 
+46 704 26 45 45 press.relations[.]tele2.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Tele2 AB securities in any jurisdiction including any other companies listed or named in this release.

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