Swedish alternative operator Tele2 has secured a SEK2.5bn (E284.9m) two-year revolver with five banks.
The arranging banks were DnB NOR Bank, Svenska Handelsbanken, Nordea Bank, Skandinaviska Enskilda Banken and Swedbank, according to Tele2.
In a…
Swedish alternative operator Tele2 has secured a SEK2.5bn (E284.9m) two-year revolver with five banks.
The arranging banks were DnB NOR Bank, Svenska Handelsbanken, Nordea Bank, Skandinaviska Enskilda Banken and Swedbank, according to Tele2.
In a statement announcing the revolver on 8 February, the company said it “further strengthens Tele2’s financial position and secures an optimal capital structure” within its existing financial framework.
Tele2 reported net sales of SEK40.2bn (E4.6bn) in 2010, and EBITDA of SEK10.3bn (E1.2bn).
The company was unable to comment before the deadline.