The Facility refinances Pohjolan Voima’s existing revolving credit facilities: EUR 279 million signed on June 2015 and EUR 50 million signed on March 2020. The new Facility has a maturity of five years and the Facility includes two one-year extension options.

The Facility will be used for general corporate purposes and the margin of the Facility is for the first time tied to Pohjolan Voima’s sustainable development goals. The transaction was coordinated by Nordea and Swedbank, other financiers include Danske Bank, OP Corporate Bank, SEB and Svenska Handelsbanken.

Further enquiries: Kaisa Ahtiainen, Group Treasurer, Tel. +358 50 330 9686, kaisa.ahtiainen