Telia Company

Capital/Financing Update • Oct 3, 2016

Press Release October 3, 2016

Telia Company signs a EUR 1,500 million revolving credit facility

Telia Company has signed a new dual tranche EUR 1,500 million Revolving Credit Facility with a group of thirteen relationship banks. The Facility has a tenor of 5 years and includes two extension options of one year each, at the approval of the lenders. This facility will replace the existing EUR 1,000 million credit facility dated December 20, 2010, and EUR 1,000 million credit facility dated June 9, 2014, ensuring full eligibility by its extended maturity under the rating agencies' liquidity models.

Bank of America Merrill Lynch, Barclays, BNP Paribas, Citi and Danske Bank acted as co-ordinators and Mandated Lead Arrangers and Bookrunners.

Signing in as Mandated Lead Arrangers and Bookrunners are Credit Agricole Corporate and Investment Bank, Goldman Sachs Bank USA, Nordea, OP Corporate Bank plc, SEB, Swedbank, The Royal Bank of Scotland and UBS Limited.

For more information, please contact our press office +46 771 77 58 30, visit our Newsroom or follow us on Twitter @Teliacompany.

We're Telia Company, the New Generation Telco. Our 21,000 talented colleagues serve millions of customers every day in one of the world's most connected regions. With a strong connectivity base, we're the hub in the digital ecosystem, empowering people, companies and societies to stay in touch with everything that matters 24/7/365 - on their terms. Headquartered in Stockholm, the heart of innovation and technology, we're set to change the industry and bring the world even closer for our customers. Read more at www.teliacompany.com.