Com Hem secures new financing and intends to redeem its Euro Notes

Com Hem Holding AB (publ) ("Com Hem"), NorCell Sweden Holding 2 AB (publ) and
Norcell Sweden Holding 3 AB (publ) announced today that the group has entered
into a new long-term financing agreement with DNB of SEK 1 bn. Com Hem intends
to use the new credit facility, together with new short term facilities from
Nordea and Danske Bank totaling SEK 500m and existing unutilized facilities, to
redeem the EUR 187m Euro Notes issued by the Company's subsidiary NorCell Sweden
Holding 2 AB (publ) pursuant to their terms and conditions in November 2015.
This is expected to reduce the group’s interest cost by approximately SEK 100m
annually compared to the Q2 2015 level.
The new credit facilities are signed by Com Hem’s wholly owned subsidiary
Norcell Sweden Holding 3 AB (publ) by extending the company’s 2014 Senior
Facilities Agreement. The new credit facility with DNB matures on 26 June 2019
with similar conditions as the company’s existing bank financing. Com Hem
intends to use the new financing commitments, together with existing unutilized
facilities, to redeem the EUR 187m Euro Notes issued by the company's subsidiary
NorCell Sweden Holding 2 AB (publ) pursuant to their terms and conditions in
November 2015.
Subject to the EUR Notes being refinanced, the group’s average interest cost is
expected to decrease to approximately 3.5% compared to 4.5% in the second
quarter of 2015, and thereby reduce the group’s interest cost by approximately
SEK 100m annually compared to the Q2 2015 level.
The group’s interest bearing net debt amounted to SEK 8,896m as of 30 June 2015.
Following refinancing of above credit facilities, the group’s total credit
facilities, including outstanding SEK Notes, amounts to SEK 10,375m with an
average remaining duration of 3.7 years.
Going forward, Com Hem will continue to work towards having a long term
diversified funding with a mix of bond and bank financing. The company will
therefore consider issuing new bonds when market conditions are deemed
favourable.

For queries, please contact:

IR-Manager

Caroline Tivéus
Tel: +46 734 39 08 67
investor.relations@comhem.com
Com Hem Holding AB and Norcell Sweden Holding 3 AB (publ) discloses the
information provided herein pursuant to the Swedish Securities Markets Act
and/or the Swedish Financial Instruments Trading Act. The information was
submitted for publication at 08:00 on September 15, 2015.

About Com Hem
Com Hem is one of Sweden’s leading suppliers of high-speed broadband, television
and fixed-telephony. Approximately 40% of Sweden’s households are connected to
Com Hem’s network, with access to the market’s broadest range of television
services. Com Hem offers broadband speeds up to 500 Mbps to 1.9 million
households which is more than any other operator. Since 2013 Com Hem has a
competitive B2B-offer of broadband and telephony services. Com Hem was founded
in 1983, has approximately 1,200 employees and its head office is in Stockholm.
Operations are run through three subsidiaries; Com Hem AB, Phonera Företag AB
and ITUX Communication AB. Com Hem’s shares are listed on Nasdaq Stockholm. For
more information, visit: www.comhemgroup.com.

Forward looking statements
Certain statements contained in this announcement are, or may be deemed to be,
“forward-looking statements”. These forward-looking statements can be identified
by the use of forward-looking terminology, including the terms “believes”,
“estimates”, “plans”, “expects”, “intends” or “may” or, in each case, their
negative or other variations or comparable terminology, or by discussions of
strategy, plans, objectives, goals, future events, expectations or intentions.
These forward-looking statements include all matters that are not historical
facts. They include, but are not limited to, statements regarding the company's
intentions, beliefs or current expectations concerning, among other things, the
company’s results of operations, financial position, prospects, costs and other
developments. By their nature, forward-looking statements involve risk and
uncertainty because they relate to future events and circumstances. Forward
-looking statements are not guarantees of future performance and the company's
actual results and developments may differ materially from those described in,
or suggested by, the forward-looking statements contained in this announcement.
In addition, even if the company's results and developments are consistent with
the forward-looking statements contained in this announcement, those results or
developments may not be indicative of results or developments in subsequent
periods. A number of factors could cause results and developments to differ
materially from those expressed or implied by the forward-looking statements
including, without limitation, future market, economic and business conditions
and trends, interest rates and the behaviour of other market participants. As a
result, investors are cautioned not to place undue reliance on such forward
-looking statements.

Forward-looking statements may, and often do, differ materially from actual
results. Any forward-looking statements in this announcement speak only as of
the date of this announcement and reflect the company’s current view with
respect to future events. The company explicitly disclaims any obligation or
undertaking publicly to release the result of any revisions to any forward
-looking statements in this announcement that may occur due to any change in the
company’s expectations or to reflect events or circumstances after the date of
this announcement, except where it would be required to do so under applicable
law.