NIB signs sustainability-linked loan with Elisa
The Nordic Investment Bank (NIB) and Finnish Elisa Oyj have signed a EUR 100 million 7-year sustainability-linked loan (SLL). The loan will finance investments in 5G and optic fibre access to increase capacity and coverage in Finland and Estonia. The interest rate margin on the sustainability-linked loan is linked to Elisa’s climate targets and the development in access to highspeed connection. Elisa and NIB have agreed two targets that cover Scopes 1 & 2 and Scope 3 greenhouse gas (GHG) emissions under the “Purchased goods” and “Purchased services” categories. The climate-related