Agreement with creditors finalized



The management for Teligent AB (publ) informs that an agreement has
been established with creditors regarding the long-term financing of
the company. This agreement implies that the company's possibility of
securing all required, long-term financing is notably facilitated.

The management of Teligent also confirm that concrete and
constructive discussions are underway regarding the manner in which
the major loss-making projects are to be concluded and how future
work with these clients is to be organised.  The CEO, Henrik Sund,
states: "We are currently engaged in a number of negoiations and some
of the negotiations are already completed whilst others remain to be
finalised. The major implications of these agreements have resulted
in a limitation of Teligent's future commitments, the  speeding up of
incoming cash flows and discussions regarding additional orders."

CEO, Henrik Sund, notes: "The current and finalised negotiations with
creditors and clients is seen as a trend break. Our assessment is
that these negotiations will be finalized during April."


For further information, please contact:
Henrik Sund
CEO
Fredrik Rüdén
CFO
Teligent AB
Tel. +46 8 520 660 00

Anhänge

Press release PDF