Finnair’s 400-million-euro capital loan granted by the State of Finland has been repaid in full with interest
Finnair Plc Stock Exchange Release 24 November 2023 at 2:30 p.m. EET Finnair and the State of Finland signed an agreement on a hybrid loan of maximum 400 million euros to support Finnair due to the COVID-19 pandemic in March 2021. In April 2022, the hybrid loan instrument was converted to a capital loan that was deemed an equity instrument. Both arrangements had the approval of the EU Commission’s competition authority in line with the European Union’s state aid rules. Finnair drew down the entire amount of 400 million euros during 2022. In Finnair's rights