Ericsson ( NASDAQ:ERIC)  has successfully priced a multi-currency bond issue program.
 
The transaction comprised a EUR 875 million dual-tranche Eurobond, consisting of a EUR 375 million seven-year floating rate note and a EUR 500 million ten-year fixed rate note, as well as a SEK 3 billion five-year note.


Ericsson intends to use the proceeds of the offering for the refinancing of existing loans. The bond issues will materially lengthen Ericsson's average debt maturity profile. The mandated joint lead managers for the Eurobonds were Citi, Goldman Sachs International and JP Morgan and for the SEK bonds Nordea and Swedbank. Ericsson last accessed the Eurobond market in 2001.


Ericsson is shaping the future of Mobile and Broadband Internet communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world.
 
Read more at  www.ericsson.com


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These materials are not an offer for sale of securities in the United States of America (including its territories and possessions, any State of the United States and the District of Columbia ).   This announcement does not constitute or form part of an offer or a solicitation of an offer to purchase or subscribe for securities in the United States or any other jurisdiction.   Securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended.   The issuer of any securities referred to herein has not registered, and does not intend to register, any portion of the offering in the United States, and does not intend to conduct a public offering of any securities in the United States.
 
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