Eesti Energia renewed EUR 150 million revolving credit facilities

Eesti Energia has signed two new bilateral revolving credit facilities with Pohjola Bank and SEB Pank for a combined total size of 150 million euros. The term of the new facilities is five years with expiration in July 2020. The facilities will be used for backup liquidity purposes and to support Eesti Energia’s credit rating.

The new facilities have been signed to replace existing revolving credit facilities (also in the amount of 150 million euros, with expiration in September 2018).

Renewal of the facilities was carried out given the positive sentiment in the regional banking market that enabled Eesti Energia to obtain extended tenor at favourable terms.

Andri Avila
Member of the Management Board, CFO
Eesti Energia AS
Phone: +372 715 2203
[email protected]