Debt programs and facilities
Bond market funding programs (Medium Term Note)
Program: Euro Medium Term Note program
Amount: USD 5.0 billion
Dealers: Citigroup, Crédit Agricole CIB, Deutsche Bank, HSBC, J.P. Morgan, NatWest Markets, SEB
Arranger: NATWEST MARKETS
Program: SEC registered program
SEC Reg. Shelf
Capital market issuances under the programs.
|ISIN Code||Issue Date||Out-standing Nominal Amount (million)||Currency||Coupon||Maturity Date – Pricing Supplement|
|XS0572564945||2010-12-23||170||USD||Private placement, not listed||2020-12-23|
|2017-12-22||150||USD||Private placement, not listed||2025-12-22|
Bank market funding
|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|
|R&D project financing. Term loan||USD 220m||Nordic Investment Bank||June 2023|
Facilities do not include any financial covenants.
Ericsson has signed a credit facility agreement of EUR 250 million with the European Investment Bank. The disbursement can be made in any currency that is widely traded on the foreign exchange markets and the credit facility will mature five years after disbursement.
Long-term committed credit facilities
Facility: Multi-currency revolving credit facility
Amount: 2 billion USD (or equivalent amount in another currency)
Maturity: June 2022
No financial covenants
On June 8th, 2015, 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.