Tele2 AB Announces SEK 2 Billion Loan Agreement with the Nordic Investment Bank
January 17, 2019 at 06:42 pm IST
Tele2 AB announced a SEK 2 billion loan agreement with the Nordic Investment Bank (NIB) for the financing of Tele2's merger with Com Hem. The additional funding from NIB will extend Tele2's maturity profile and achieve further diversification of its funding. This will include a cancellation of Tele2's existing loan from NIB (EUR 130 million), which will result in new proceeds of approximately SEK 650 million.