42QV Elering 23

TIDM42QV

RNS Number : 7684D

Elering AS

21 February 2020

Elering AS (the "Company")

New loan facilities

AS Elering has signed new loan facility agreements in the total amount of EUR70 million. The agreements were concluded with AS SEB Pank (EUR35,000,000 Revolving Credit Facility), OP Corporate Bank plc Estonian branch (EUR17,500,000 Overdraft Facility) and Swedbank AS (EUR17,500,000 Overdraft Facility). All loans are senior, unsecured and with the tenure of three years.

The Company has entered into the loan contracts in order to secure the working capital needs.

Enquiries:

Riina Käi

Chief Financial Officer

Tel: +372 71 51 181

E-mail: riina.kai@elering.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.

END

AGREAFAFADFEEFA

(END) Dow Jones Newswires

February 21, 2020 13:00 ET (18:00 GMT)

Elering 23 (LSE:42QV)
Historical Stock Chart
From Oct 2024 to Nov 2024

Elering 23 (LSE:42QV)
Historical Stock Chart
From Nov 2023 to Nov 2024