17 Dec 2018

Tele2 secures loan from the Nordic Investment Bank

Tele2 AB (Tele2) has announced a SEK 2 billion loan agreement with the Nordic Investment Bank (NIB) for the financing of Tele2’s merger with Com Hem.

The additional funding from NIB will extend Tele2’s maturity profile and achieve further diversification of its funding. This will include a cancellation of Tele2’s existing loan from NIB (EUR 130 million), which will result in new proceeds of approximately SEK 650 million.

NIB is an international financial institution owned by eight member countries: Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The Bank finances private and public projects in and outside the member countries. NIB has the highest possible credit rating, AAA/Aaa, with the leading rating agencies Standard & Poor’s and Moody’s.

Tele2 and NIB have a relationship that spans over more than 20 years. This is the fifth loan agreement between the parties and the first one was issued already in 1994.

NIB only finances specific investment projects that fulfil the Bank’s mission, which is to improve productivity and the environment of the Nordic-Baltic region.

Most popular news in Telecoms & networks

Tele2 secures loan from the Nordic Investment Bank
Ethernet switches support high-performance imaging processes
Advantech extends fibre optic media converter product line
Anritsu contributes to IEEE 1914.3TM release
10 Gbps automotive Ethernet network

All news in this channel | All news


Share this page


Want more like this? Register for our newsletter






Long-range low-power wireless network have the potential to create the Internet of Agricultural Things Mark Patrick | Mouser Electronics
Long-range low-power wireless network have the potential to create the Internet of Agricultural Things
The application of technology has always driven an increase in productivity, the two are inextricably linked because it is often the demand for higher productivity that provides the motivation for achieving technological breakthroughs; necessity is the mother of invention, after all.









Radio-Electronics.com is operated and owned by Adrio Communications Ltd and edited by Ian Poole. All information is © Adrio Communications Ltd and may not be copied except for individual personal use. This includes copying material in whatever form into website pages. While every effort is made to ensure the accuracy of the information on Radio-Electronics.com, no liability is accepted for any consequences of using it. This site uses cookies. By using this site, these terms including the use of cookies are accepted. More explanation can be found in our Privacy Policy