Ericon succefully launches Euro corporate bonds

Ericsson issuing two bonds of EUR 500m each, maturing in 2021 and 2024

Strong and widespread investor demand

The bonds extend Ericssons well diversified debt maturity profile

Following a well-attended road show, Ericsson (NASDAQ:ERIC) has successfully placed one Euro denominated 500 million 4-year bond with a fixed coupon rate of 0.875% and one Euro denominated 500 million 7-year bond with a fixed coupon rate of 1.875%. The bonds were issued under Ericssons Euro Medium Term Note Program (EMTN).

With this transaction, Ericsson extends its entry to the Eurobond market, one of the worlds largest corporate bond markets, and takes advantage of strong current corporate credit market conditions.

The bonds will extend Ericssons well diversified maturity profile and the proceeds will be used to refinance debt maturing in 2017 and for general corporate purposes.

Carl Mellander, acting CFO says: This reconfirms market confidence in Ericsson and supports our strong balance sheet and financial flexibility.

Joint bookrunners were Citi, Credit Agricole CIB and SEB and co-managers were Nordea, Standard Chartered and Swedbank.

NOTES TO EDITORS

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Ericsson is a world leader in communications technology and services with headquarters in Stockholm, Sweden. Our organization consists of more than 111,000 experts who provide customers in 180 countries with innovative solutions and services. Together we are building a more connected future where anyone and any industry is empowered to reach their full potential. Net sales in 2016 were SEK 222.6 billion (USD 24.5 billion). The Ericsson stock is listed on Nasdaq Stockholm and on NASDAQ in New York. Read more on www.ericsson.com.

This announcement is for information purposes only and does not constitute a prospectus or offering circular or an offer to acquire any securities and is not intended to provide the basis for any credit or any other third party evaluation of the securities (the Securities) or the transaction (the Transaction) and should not be considered as a recommendation that any investor should subscribe for or purchase any of the Securities. Neither this announcement nor any other documentation or information (or any part thereof) delivered or supplied under or in relation to the Transaction or the Securities shall be deemed to constitute an offer of or an invitation to purchase or subscribe the Securities. This announcement does not constitute an offer to sell, exchange or transfer any securities and is not soliciting an offer to purchase, exchange or transfer any securities in any jurisdiction where such offer, sale, exchange or transfer is not permitted or is unlawful. Any investor who acquires the Securities must rely solely on the final offering circular published by the Company in connection with the Transaction, on the basis of which alone purchases of or subscription for the Securities may be made.

This announcement is only being distributed to and is only directed at persons (i) who are outside the United Kingdom or (ii) to investment professionals falling within Article 19 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the Order) or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 19 of the Order (all such persons together being referred to as relevant persons). This announcement must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this communication relates is available only to relevant persons and will be engaged in only with relevant persons.

This announcement does not constitute or form part of an offer to sell or the solicitation of an offer to subscribe for or otherwise acquire any securities in the United States or in any other jurisdiction. This announcement is not for distribution, directly or indirectly in or into the United States (as defined in Regulation S under the US Securities Act of 1933, as amended (the Securities Act)). The Securities have not been and will not be registered under the Securities Act and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.

LINK:	http://www.ericsson.com/thecompany/press/releases/2017/02/2081625...
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