Eesti Energia AS 600 million EUR syndicate term loan facility (0678Q)

TIDM96DB

RNS Number : 0678Q

Eesti Energia AS

15 February 2023

600 million EUR sustainability linked syndicate term loan facility

On February 15th, 2023 Eesti Energia AS has signed a sustainability linked, amortising term loan contract in the amount of 600 million EUR. The term of the senior unsecured loan is 5 years. The loan is sustainability linked with two ESG KPI's: carbon intensity of scope 1, 2 and 3 emissions and yearly addition of renewable energy capacity. The purpose of the term loan is to primarily refinance the 500 million EUR bond maturing in September 2023 and supporting Eesti Energia's carbon neutrality strategy.

Deutsche Bank acted as Initial Mandated Lead Arranger and Sustainability Coordinator on the transaction. A total of 10 financial institutions participated in the transaction as lenders.

Danel Freiberg

Head of Investor Relations and Treasury

Eesti Energia AS

Tel +372 465 2887

danel.freiberg@energia.ee

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

CNTTAMPTMTMBBLJ

(END) Dow Jones Newswires

February 15, 2023 13:11 ET (18:11 GMT)

Eesti 23 (LSE:96DB)
Graphique Historique de l'Action
De Nov 2024 à Déc 2024