Ericsson signs funding agreements for 5G research
· Ericsson will raise USD 220 million from the Nordic Investment Bank and USD 150 million from AB Svensk Exportkredit · The credit agreements will mature in 2023 and 2025 and will extend Ericsson’s debt maturity profile · In line with Ericsson’s focused business strategy, these agreements will support R&D activities to further develop 5G and other innovative mobile technologiesEricsson (NASDAQ:ERIC) is announcing that it has signed agreements for credit facilities with the Nordic Investment Bank (NIB) for USD 220 million, maturing in 2023, and AB Svensk Exportkredit (SEK) for USD 150