REG - Telefonaktiebolaget - Publication of Final Terms <Origin Href="QuoteRef">ERICb.ST</Origin>
RNS Number : 9188XTelefonaktiebolaget Lm Ericsson27 February 201727 February 2017
Telefonaktiebolaget LM Ericsson (publ)
Issue of 500,000,000 0.875 per cent. Notes due 2021
under the U.S.$5,000,000,000 Euro Medium Term Note Programme
PART A - CONTRACTUAL TERMS
TermsusedhereinshallbedeemedtobedefinedassuchforthepurposesoftheConditionssetforthinthe OfferingCirculardated11May2016which,asmodifiedbysupplementstotheOfferingCirculardated 19 July 2016, 21 October 2016 and 26 January 2017,constitutesabaseprospectusforthepurposesoftheProspectusDirective(the "OfferingCircular").ThisdocumentconstitutestheFinalTermsoftheNotesdescribedhereinforthe purposesofArticle5.4oftheProspectusDirectiveandmustbereadinconjunctionwiththeOffering Circular.FullinformationontheIssuerandtheofferoftheNotesisonlyavailableonthebasisofthe combinationoftheseFinalTermsandtheOfferingCircular.TheOfferingCircularisavailableforviewing atandcopiesmaybeobtainedduringnormalbusinesshoursfromtheregisteredofficeoftheIssuerandfrom thespecifiedofficeofeachoftheAgentandtheotherPayingAgents.CopiesoftheOfferingCircularhave beenpublishedonthewebsiteoftheLondonStockExchange.
1. Issuer:
Telefonaktiebolaget LM Ericsson (publ)
2. (i) Series Number:
33
(ii) Tranche Number:
1
(iii) Date on which the Notes will be consolidated and form a single Series:
NotApplicable
3. Specified Currency or Currencies:
Euro ("")
4. Aggregate Nominal Amount:
(i) Series:
500,000,000
(ii) Tranche:
500,000,000
5. Issue Price:
99.613 per cent. of the Aggregate Nominal Amount
6. (i) Specified Denominations:
100,000 and integral multiples of 1,000 in excess thereof up to and including 199,000. No Notes in definitive form will be issued with a denomination above 199,000
(ii) Calculation Amount (inrelationto calculationofinterestonNotesin globalformseeCondition5):
1,000
7. (i) Issue Date:
1 March 2017
(ii) Interest Commencement Date:
Issue Date
8. Maturity Date:
1 March 2021
9. Interest Basis:
0.875 per cent. Fixed Rate
(see paragraph 14 below)
10. Redemption Basis:
Subjecttoanypurchaseandcancellationorearly redemption,theNoteswillberedeemedontheMaturity Dateat100percent.oftheirnominal amount
11. Change of Interest Basis:
Not Applicable
12. Put/Call Options:
Issuer Call
Change of Control Put
(see paragraphs 18 and 20 below)
13. Date Board approval for issuance of Notes obtained:
Not Applicable
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
14. Fixed Rate Note Provisions
Applicable
(i) Rate(s) of Interest:
0.875 per cent. per annum payable in arrear on each Interest Payment Date
(ii) Interest Payment Date(s):
1 March in each year up to and including the Maturity Date
(iii) Fixed Coupon Amount(s) for Notes in definitive form (and in relation to Notes in global form see Condition 5(a)):
8.75 per Calculation Amount
(iv) Broken Amount(s)for Notes in definitive form (and in relation to Notes in global form see Condition 5(a)):
Not Applicable
(v) Day Count Fraction:
Actual/Actual (ICMA)
(vi) Determination Date(s):
1 March in each year
(vii) Interest Payment Date Adjustment:
NotApplicable
(viii) Business Centre(s):
Not Applicable
15. Floating Rate Note Provisions
Not Applicable
16. Zero Coupon Note Provisions
Not Applicable
PROVISIONS RELATING TO REDEMPTION
17. Notice periods for Condition 7(b):
Minimum period: 30 days
Maximum period: 60 days
18. Issuer Call:
Applicable
(i) Optional Redemption Date(s):
Any Payment Day prior to the Maturity Date
(ii) Optional Redemption Amount(s):
Make Whole Optional Redemption Amount
(A) Make Whole Margin:
0.25 per cent.
(B) Benchmark Stock:
German Federal Government Bond (bearing interest at a rate of 2.50 per cent. per annum and maturing in January 2021 with ISIN DE0001135424)
(C) Reference Time:
11.00 a.m. Brussels time
(iii) If redeemable in part:
Not Applicable
(iv) Notice periods:
Minimum period: 15 days
Maximum period: 30 days
19. Investor Put:
Not Applicable
20. Change of Control Put:
Applicable
21. Final Redemption Amount of each Note:
1,000 per Calculation Amount
22. Early Redemption Amount(s) of each Note payable on redemption for taxation reasons or on event of default:
1,000 per Calculation Amount
GENERAL PROVISIONS APPLICABLE TO THE NOTES
23. Form of Notes:
(i) Form:
Temporary Global Note exchangeable for a Permanent Global Note which is exchangeable for Definitive Notes
only in limited circumstances
(ii) New Global Note:
Yes
24. Additional Financial Centre(s):
London
25. Talons for future Coupons to be attached to Definitive Notes:
No
26. Renminbi Currency Event:
Not Applicable
Signed on behalf of the Issuer:
By: Carl Mellander....................... Fredrik Wikner
Duly authorisedPART B - OTHER INFORMATION
1. LISTING AND ADMISSION TO TRADING
(i) Listing and Admission to Trading:
Application has been made by the Issuer (or on its behalf) for the Notes to be admitted to trading on the London Stock Exchange's regulated market and listing on the Official List of the UK Listing Authority with effect from 1 March 2017.
(ii) Estimate of total expenses related to admission to trading:
4,320
2. RATINGS
Ratings:
The Notes to be issued are expected to be rated Baa3 by Moody's Investors Service Limited ("Moody's") and BBB by Standard & Poor's Credit Market Services Europe Limited ("S&P").
Moody's and S&P are each established in the European Union and registered under Regulation (EC) No. 1060/2009 (as amended).
3. INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE
Save for any fees payable to the Managers, so far as the Issuer is aware, no person involved in the issue of the Notes has an interest material to the offer. The Managers and their affiliates have engaged, and may in the future engage, in investment banking and/or commercial banking transactions with, and may perform other services for, the Issuer and its affiliates in the ordinary course of business.
4. YIELD
Indication of yield:
0.974 per cent. per annum
The yield is calculated at the Issue Date on the basis of the Issue Price. It is not an indication of future yield.
5. OPERATIONAL INFORMATION
(i) ISIN:
XS1571293171
(ii) Common Code:
157129317
(iii) Any clearing system(s) other than Euroclear Bank S.A./N.V. and Clearstream Banking S.A. and the relevant identification number(s):
Not Applicable
(iv) Delivery:
Delivery against payment
(v) Names and addresses of additional Paying Agent(s) (if any):
Not Applicable
6. DISTRIBUTION
(i) Method of distribution:
Syndicated
(ii) If syndicated, names of Managers:
Joint Lead Managers
Citigroup Global Markets Limited
Crdit Agricole Corporate and Investment Bank
Skandinaviska Enskilda Banken AB (publ)
Co-Lead Managers
Nordea Bank AB (publ)
Standard Chartered Bank
Swedbank AB (publ)
(iii) Date of Syndication Agreement:
27 February 2017
(iv) Stabilisation Manager(s) (if any):
Citigroup Global Markets Limited
Crdit Agricole Corporate and Investment Bank
Skandinaviska Enskilda Banken AB (publ)
(v) If non-syndicated, name of relevant Dealer:
Not Applicable
(vi) U.S. Selling Restrictions:
Reg. S Compliance Category 2; TEFRA D
7. USEOFPROCEEDS
See "Use of Proceeds" section in the Offering Circular
This information is provided by RNSThe company news service from the London Stock ExchangeENDPFTBDLFLDLFZBBB
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