Tele2’s $1.3 billion Term Facility Agreement

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 company, led by Allison Kirkby, Samuel Skott and Jonathan James, in 2016 recoreded $3.151 Billion Revenues.

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


Involved fees earner: Magnus Wennerhorn – White & Case; Alexandra Berglin – White & Case;

Law Firms: White & Case;

Clients: Tele2;