Tele2, one of Europe’s fastest growing telecom operators, announced that it has entered into a syndicated multi-currency revolving credit facility agreement amounting to EUR 800 million with 11 relationship banks to further strengthen its financial position and secure a structure of diversified funding sources.
Tele2 boasts 13 million customers in 9 countries, including three key markets - Sweden, the Netherlands and Kazakhstan, offering mobile communication services, fixed broadband and telephony, data network services and content services.
The facility has a tenor of five years with two one-year extension options and replaces the existing revolving credit facility secured in 2012.