L.M. Ericsson said it has signed a $1 billion revolving loan with its relationship banks, and it will replace the existing one that matures next year. The new agreement, which will take effect when the existing one ends, matures in 2007.
The loan was coordinated by ABN AMRO, Citigroup, Nordea and SEB Merchant Banking. Some of the other banks that joined in the deal include BNP Paribas, Credit Agricole Indosuez, Deutsche Bank, Goldman Sachs Credit Partners L.P., HSBC, JPMorgan and Morgan Stanley.
