Tele2 agrees to amend, shrink loan and bank group after Russia exit

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Tele2 agrees to amend, shrink loan and bank group after Russia exit

Swedish telecoms firm Tele2 has amended and extended its undrawn revolving credit facility. Most banks were happy to reduce the loan to €800m and extend the maturity by a year to May 2018, though one lender left the banking group.

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