Ericsson (NASDAQ:ERIC) has successfully issued a EUR bond under its
EMTN program.
Ericsson has launched a Euro denominated 600 million four-year bond
issue with fixed coupon rate of 5.0%. Ericsson intends to use the
proceeds of the offering for refinancing of bonds maturing within the
current and next year and for general corporate purposes. The bond
issue will lengthen Ericsson's average debt maturity profile and
provide a more efficient capital structure.
The mandated joint lead managers for the EUR bond are BNP Paribas,
Calyon and Deutsche Bank. Ericsson last accessed the Eurobond market
in 2007.
Notes to editors:
More information on Ericsson's debt structure is found on
www.ericsson.com/ericsson/investors/bondholder/index.shtml
Ericsson's multimedia content is available at
www.ericsson.com/broadcast_room
Ericsson is the world's leading provider of technology and services
to telecom operators. Ericsson is the leader in 2G, 3G and 4G mobile
technologies, and provides support for networks with over 1 billion
subscribers and has a leading position in managed services. The
company's portfolio comprises of mobile and fixed network
infrastructure, telecom services, software, broadband and multimedia
solutions for operators, enterprises and the media industry. The Sony
Ericsson and ST-Ericsson joint ventures provide consumers with
feature-rich personal mobile devices.
Ericsson is advancing its vision of "to be the prime driver in an
all-communicating world" through innovation, technology, and
sustainable business solutions. Working in 175 countries, more than
75,000 employees generated revenue of SEK 209 billion (USD 32.2
billion) in 2008. Founded in 1876 with the headquarters in Stockholm,
Sweden, Ericsson is listed on OMX NASDAQ, Stockholm and NASDAQ New
York.
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FOR FURTHER INFORMATION, PLEASE CONTACT
Ericsson Corporate Public & Media Relations
Phone: +46 10 719 69 92
E-mail: press.relations@ericsson.com
Investors
Ericsson Investor Relations
Phone: +46 10 719 00 00
E-mail: investor.relations@ericsson.com
Ericsson discloses the information provided herein pursuant to the
Securities Markets Act and/or the Financial Instruments Trading Act.
The information was submitted for publication on June 15, 2009, at
6.00pm CET.
