Hybrid loan granted by the State of Finland to Finnair converted to capital loan
Finnair Plc Stock Exchange Release 27 April 2022 at 9.00 a.m. EEST 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. The arrangement has the approval of the EU Commission’s competition authority in line with the European Union’s state aid rules and, therefore, the entire amount of 400 million euros is available for Finnair to use. In its meeting on 19 April 2022, the Ministerial Committee on Economic Policy supported the conversion of the