Commercial Paper

Telenor Group has two commercial paper programmes in place for issuing short-dated debt. An ECP programme of EUR 1 billion and a USCP programme of USD 1 billion. In addition, Telenor Group has access to the domestic commercial paper market.

Euro-Commercial Paper (ECP) programme
Issuer: Telenor ASA
Description: An uncommitted international programme for the purpose of short term borrowing
Programme Size: EUR 1,000,000,000
Arranger: Citibank
Dealers: Citi and ING Wholesale Banking
Issuing and Paying Agent: Citibank

Information memorandum dated 20 June 2007, 276kB, PDF

U.S. Commercial Paper (USCP) programme
Issuer: Telenor ASA
Description: An uncommitted U.S. Commercial Paper programme for short-term borrowing purposes
Programme Size: USD 1,000,000,000
Dealers: Goldman, Sachs & Co and Citibank
Issuing and Paying Agent: Citibank