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Ericsson improves the 5 G R&D with the NIB

Published On 26 Dec 2019 09:37 AM

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Ericsson (NASDAQ: ERIC) confirms the closing, in 2025, of a USD 150 million credit facility arrangement for Nordic Investment Bank (NIB). Of these new funds, 98 million replace the NIB loan which was expected to reach maturity in 2021.

In addition to improving the Ericsson balance sheet and financial flexibility, Ericsson's loan was approved to financ....

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Tags : Ericsson , improves, 5G, NIB, financial flexibility,

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Ericsson improves the 5 G R&D with the NIB

Published On 26 Dec 2019 09:37 AM

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