Energy, Estonia, Financial Services, Loan

International Internet Magazine. Baltic States news & analytics Friday, 06.12.2024, 08:14

Eesti Energia takes a loan of 500 mln EUR

Juhan Tere, BC, Tallinn, 25.09.2011.

Estonian state-owned energy giant Eesti Energia announced that it concluded bilateral loan agreements with five banks for three years on loans amounting to 500 million euros, LETA/Postimees Online reports.

The five banks are Swedbank, SEB, Nordea, Pohjola Bank and Danske Bank.

Eesti Energia said that it will use the loans to finance its ordinary business activities and improve liquidity position.

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