Ericsson strengthens its 5G research and development with NIB
· Ericsson has signed an agreement for credit facility with the Nordic Investment Bank (NIB) for USD 150 million, maturing in 2025. · Part of the new funds, 98 million will replace a credit with NIB that was set to mature in 2021 · The agreement will support investments in research and development of 5G technologyEricsson (NASDAQ: ERIC) is announcing that it has signed an agreement for credit facility with the Nordic Investment Bank (NIB) for USD 150 million, maturing in 2025. Of these new funds, 98 million will replace credit with NIB that was set to mature in 2021. In addition to