Fortum draws on the liquidity facility provided by the Finnish State – an Extraordinary General Meeting convened to resolve on a directed share issue without payment to Solidium
FORTUM CORPORATION STOCK EXCHANGE RELEASE 26 SEPTEMBER 2022 AT 9:00 EEST
Release category: Other information disclosed according to the rules of the Exchange
On 6 September 2022, Fortum announced that it had agreed with the Finnish State, Fortum’s majority owner, on a EUR 2.35 billion bridge financing arrangement to ensure access to sufficient liquidity resources for potential collateral requirements on the Nordic commodities exchange Nasdaq in case of rising power prices. According to the terms of the arrangement, the first minimum tranche of EUR 350 million must be drawn latest on