REG - Elering AS - New loan facilities

Skandinaviska Enskilda Banken ABAnnouncement

21/02/2020 19:05

RNS Number : 7684D
Elering AS
21 February 2020
 


Elering AS (the "Company")
New loan facilities
 
AS Elering has signed new loan facility agreements in the total amount of €70 million.  The agreements were concluded with AS SEB Pank (€35,000,000 Revolving Credit Facility), OP Corporate Bank plc Estonian branch (€17,500,000 Overdraft Facility) and Swedbank AS (€17,500,000 Overdraft Facility). All loans are senior, unsecured and with the tenure of three years.
The Company has entered into the loan contracts in order to secure the working capital needs.
 
Enquiries:
Riina Käi
Chief Financial Officer
Tel: +372 71 51 181
E-mail: riina.kai@elering.ee
 




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