NewswireTODAY - /newswire/ - Stockholm, Sweden, 2016/01/13 - Tele2 AB, (Tele2) announces that the company had entered into a 5+1+1 year revolving credit facility agreement of EUR 800 million with a syndicate of 11 banks - Tele2.com. OMX Stockholm: TEL2A

Tele2 has entered into a syndicated multi-currency revolving credit facility agreement amounting to EUR 800 million with 11 relationship banks. The facility has a tenor of five years with two one-year extension options and it replaces the existing revolving credit facility dated May 2012.

The new facility further strengthens Tele2's financial position and secures a structure of diversified funding sources.

The new facility is initially unutilized.

About Tele2

Tele2 (tele2.com) is one of Europe's leading telecom operators, always providing the best deal. We have 38 million customers in 11 countries. Tele2 offers mobile services, fixed broadband and telephony, data network services, cable TV and content services. Ever since Jan Stenbeck founded the company in 1993, it has been a tough challenger to the former government monopolies and other established providers. Tele2 has been listed on the NASDAQ OMX Stockholm since 1996. In 2011, we had net sales of SEK 41 billion and reported an operating profit (EBITDA) of SEK 11.2 billion.

Contact: Louise Tjeder - Head of Investor Relations, Tele2 AB
P: +46 704 26 46 52

Agency / Source: Tele2 AB

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