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White & Case Advises Banks on SEK 11 Billion Term Facility Agreement for Tele2

Global law firm White & Case LLP has advised Nordea Bank AB, Citibank, N.A., London Branch and Skandinaviska Enskilda Banken AB, as Original Lenders, on the SEK 11 billion (US$1.3 billion) term facility agreement to Tele2 AB.

Tele2 is a NASDAQ Stockholm-listed telecoms operator and the transaction will finance part of its merger with NASDAQ Stockholm-listed TV cable company Com Hem Holding AB, which values Com Hem at around SEK 26.6 billion (US$3.2 billion).

The White & Case team in Stockholm which advised on the transaction was led by partner Magnus Wennerhorn with support from associate Alexandra Stolt.

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