Com Hem secures new financing and intends to redeem its Euro Notes
Com Hem Holding AB (publ) ("Com Hem"), NorCell Sweden Holding 2 AB (publ) and Norcell Sweden Holding 3 AB (publ) announced today that the group has entered into a new long-term financing agreement with DNB of SEK 1 bn. Com Hem intends to use the new credit facility, together with new short term facilities from Nordea and Danske Bank totaling SEK 500m and existing unutilized facilities, to redeem the EUR 187m Euro Notes issued by the Company's subsidiary NorCell Sweden Holding 2 AB (publ) pursuant to their terms and conditions in November 2015. This is expected to reduce the group’s interest