Ericsson takes US625M long-term loan to refinance debt - Mobile World Live

Ericsson takes US625M long-term loan to refinance debt

22 OCT 2009

Mobile network equipment maker Ericsson has signed a long-term bilateral loan of US$625 million with the Swedish Export Credit Corporation. “Ericsson intends to use the proceeds of the offering for refinancing of bonds maturing within the current and next year and for general corporate purposes,” it said in a statement.

Author

Mobile World Live

Mobile World Live is the online service dedicated to providing the mobile industry with daily news coverage & analysis of the biggest global market developments.

Read more

Related

Tags