TeliaSonera has signed a new EUR 1,000 million Revolving Credit Facility with a 7 year maturity
"Our ambition has been to renegotiate a new credit facility one year prior to our existing facility expires. Within the last month we have been able to smoothly launch and sign this important new loan facility as part of our liquidity back-up with a more concentrated core bank group", says Per-Arne Blomquist, Executive Vice President and CFO.
The Mandated Lead Arrangers are Bank of America, Barclays Capital, BNP Paribas, Citigroup, Credit Agricole, Danske Bank, Deutsche Bank, Goldmans Sachs, Svenska Handelsbanken, ING Bank, Nordea, Skandinaviska Enskilda Banken, Swedbank, The Royal Bank of Scotland.
TeliaSonera AB discloses the information provided herein pursuant to the Swedish Securities Markets Act and/or the Swedish Financial Instrument Trading Act. The information was submitted for publication at 2.15 p.m CET on December 22, 2010.
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TeliaSonera's press office for journalists can be reached at 46-771 77 58 30
Forward-Looking Statements
Statements made in the press release relating to future status or circumstances, including future performance and other trend projections are forward-looking statements. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. There can be no assurance that actual results will not differ materially from those expressed or implied by these forward-looking statements due to many factors, many of which are outside the control of TeliaSonera.
TeliaSonera provides network access and telecommunication services in the Nordic and Baltic countries, the emerging markets of Eurasia, including Russia and Turkey, and in Spain. TeliaSonera is also the leading European wholesale provider of quality cross-border voice, IP and capacity services, with a wholly-owned international carrier network. TeliaSonera’s services help people and companies communicate in an easy, efficient and environmentally friendly way. TeliaSonera creates value by focusing on providing world-class customer experience, securing quality in networks and achieving a best-in-class cost structure. In 2009, TeliaSonera’s net sales amounted to SEK 109 billion, and at the end of December 2009 the total number of subscriptions was 148 million in 20 countries. The TeliaSonera share is listed on NASDAQ OMX Stockholm and NASDAQ OMX Helsinki. Read more at www.teliasonera.com