Debt programs and facilities

Bond market funding programs (Medium Term Note)

Program

Euro Medium Term Note program

Amount

USD 5.0 billion

Dealers

RBS, Citigroup, HSBC, SEB, Deutsche Bank, JPMorgan, Crédit Agricole CIB

Issuing and Paying Agent

Citibank N.A

Offering Circular

Program

SEC registered program

Amount

Indeterminate

SEC Reg. Shelf

Capital market issuances under the programs.

ISIN Code Issue Date Out-standing Nominal Amount (million) Currency Coupon Maturity Date – Pricing Supplement
XS0307504547 2007-06-27 500 EUR 5.375% 2017-06-27
XS0572564945 2010-12-23 170 USD Private placement, not listed 2020-12-23
US294829AA48 2012-05-09 1000 USD 4,125% 2022-05-15

Money market funding programs

LM Ericsson's subsidiary in India, Ericsson India Private Limited (rated A1+ by ICRA) has a local INR 5 billion Commercial Paper program

Bank market funding

Facility Amount Lender Maturity
R&D project financing. Term loan USD 98m Nordic Investment Bank September 2019
R&D project financing. Term loan USD 98m Nordic Investment Bank September 2021
R&D project financing. Term loan USD 684m European Investment Bank November 2020

Facilities do not include any financial covenants

Long-term committed credit facilities

Facility

Multi-currency revolving credit facility

Amount

2 billion USD (or equivalent amount in another currency)

Agent

Nordea

Maturity

June 2019 (one one-year extension option remains)

 

No financial covenants

On June 27th, 2013, Ericsson entered into a USD 2.0 billion long-term committed credit facility agreement. The USD 2.0 billion facility replaces the previous USD 2.0 billion facility. The facility does not have interest rates linked to credit rating or financial covenants.

Long-term debt maturity profile – Q2 2014

Long-term debt maturity profile - Q2 2014

Chart does not include subsidiaries external borrowing (mainly short term loans in regulated markets). Total borrowings are presented in Annual report note c.19 and in the quarterly reports.