Elenia Group €75 million 2.684% senior secured notes issue

Overview:

• The Elenia Group and its main shareholders issued €75 million 2.684% fixed-rate guaranteed senior secured notes due 2030.
• The transaction was completed through a private placement to an institutional investor in the United States.
• Elenia is the second largest electricity distribution network operator in Finland and includes Elenia Lämpö, the second largest private seller of district heating in Finland, and Elenia Palvelut, which operates the customer service business.

Wai Yee Tsang - Journalist