Cleary Gottlieb represented Deutsche Bank Securities Inc. and J.P. Morgan Securities LLC as underwriters in an offering under a newly established shelf registration statement by Telefonaktiebolaget LM Ericsson (“Ericsson”) of $1 billion 4.125% Senior Notes due 2022. The transaction priced on May 2 and closed on May 9.
Ericsson is the world’s leading provider of communications technology and services. Ericsson offers services, software and infrastructure within information and communications technology for telecom operators and other industries. Today more than 40 percent of the world’s mobile traffic goes through Ericsson networks, and Ericsson supports customers’ networks servicing more than 2 billion subscribers.
