Ericsson extends revolving credit facility through 2007

Ericsson has signed a USD one billion revolving credit facility with its core banks. The new agreement matures in 2007, thus securing Ericsson's needs for this type of facility for the next several years.
Telefonaktiebolaget LM Ericsson has signed a USD one billion revolving credit facility with its core relationship banks. The new facility will replace the existing facility of USD one billion, which matures in September 2004. The new facility, maturing in September 2007, will take effect on the maturity of the existing facility, and is structured as a forward start agreement (FSA).


The FSA was co-ordinated by ABN AMRO, Citigroup, Nordea and SEB Merchant Banking. The following institutions have also joined the facility; BNP Paribas, Credit Agricole Indosuez, Deutsche Bank, Goldman Sachs Credit Partners L.P., HSBC, JPMorgan, Morgan Stanley, Svenska Handelsbanken and Swedbank.


Ericsson is shaping the future of Mobile and Broadband Internet communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world.
 
FOR FURTHER INFORMATION, PLEASE CONTACT
 
James Borup, Ericsson Media Relations
Phone: +46 70 590 9261; +46 8 719 6992
 
Lotta Lundin, Ericsson Investor Relations
Phone: +46 8 719 0000; E-mail: lotta.lundin@ericsson.com
 

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