Communications and Sustainability Director
+358 40 767 0867
Altia Plc has signed two loan agreements to refinance its existing credit facilities and for general corporate purposes.
The new EUR 135 million long-term syndicated term and revolving credit facilities agreement matures in January 2023 and it may be extended for a further year. The Mandated Lead Arrangers in the credit facilities are Nordea Bank AB (publ), Finnish Branch, OP Corporate Bank plc and Svenska Handelsbanken AB (publ).
OP Corporate Bank acts as the Coordinator and Agent in the transaction.
Altia has also diversified its funding alternatives and agreed with Varma Mutual Pension Insurance Company a premium loan agreement (TyEL pension loan) amounting to
EUR 15 million maturing in January 2028 with annual installments. This loan is fully secured by Garantia Insurance Company Ltd. loan guarantee.
CFO Matti Piri, firstname.lastname@example.orgGroup Treasurer Tuula Hatakka, email@example.com