Tele2 agrees A&E, shrinks loan and group after Russia exit

telecom towers
By Michael Turner
14 Oct 2013

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.

The original loan was a €1.2bn five year facility, signed in May last year.

Mandated lead arrangers and bookrunners on the deal were Crédit Agricole, DNB Bank, Danske Bank, Nordea Bank, Royal Bank of Scotland, SEB, Svenska ...

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