Pohjolan Voima €583.33 million syndicated facility

10/4/2016

Financing

Value:

€ 583.334 million

Dollar value:

$ 614.939 million

Status:

Completed

Date:

10/4/2016

Overview:

Pohjolan Voima, a Finnish energy company which produces and supplies electricity and heat in Finland, entered into a €583.33 million revolving guarantee issuance facility agreement with syndicate banks that included Danske Bank.
The purpose of the financing was to issue guarantees in favor of the Nuclear Waste Management Fund of Finland.

Wai Yee Tsang - Journalist

Jurisdiction:

Finland

Deal type:

Financing

Practice area:

Banking and finance

Governing law:

Finland

Industry sector:

Energy

Firm:

Avance

Party: Danske Bank (Arranger)

Lawyer: Sari Wallgren

Related deals