RTTNews | Sep 30, 2021 02:44AM EDT

02:44 Thursday, September 30, 2021 (RTTNews.com) - Ericsson (ERIC) said that it has signed a $2 billion sustainability-linked revolving credit facility, renewing an undrawn $2 billion credit facility signed in 2013. The credit facility is backed by a group of leading global and regional banks.

The facility has a five-year tenor with two one-year extension options and will serve as a facility for general corporate purposes. With 18 banks participating, Ericsson has a very strong and diversified bank group.

HSBC and SEB acted as Coordinators for the facility, whilst SEB also acted as Sustainability Coordinator. Swedbank is the Facility Agent.

Read the original article on RTTNews ( https://www.rttnews.com/3229311/ericsson-signs-2bln-sustainability-linked-revolving-credit-facility.aspx)

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