Tag: Erik Ekudden

Ericsson secures $150 million in funding from NIB

Ericsson has announced that it has signed an agreement for credit facility with the Nordic Investment Bank (NIB) for USD 150 million, maturing in 2025. Of these new funds, 98 million will replace credit with NIB that was set to mature in 2021. In addition to strengthening Ericsson’s balance sheet and financial flexibility, the loan…