The State of Finland preparing to make a hybrid loan of up to 400 million euros available to Finnair
Finnair Plc Stock Exchange Release 16 December 2020 at 10.00 a.m. EET The State of Finland and Finnair are preparing to make up to 400 million euros available to Finnair in the form of an unsecured hybrid loan. The final decision on the possible financing arrangement is subject to a decision by the Government Plenary session, which will also confirm the final terms and conditions of the loan. The hybrid loan requires approval by the EU Commission. Finnair’s equity as of the end of the third quarter 2020 was 940 million euros and cash reserves were