Elisa signs EUR 130 million sustainability-linked revolving credit facility
ELISA CORPORATION INVESTOR NEWS, 22 SEPTEMBER 2021 AT 1:30 PM
Elisa has today signed a new, EUR 130 million syndicated sustainability-linked revolving credit facility. The five-year facility has an option to extend it by two years and it is intended for general corporate purposes. The facility replaces the facility of the same size that was signed in 2014, maturing in June 2022.
The margin will increase or decrease depending on Elisa's performance related to corporate sustainability targets:
- Reducing CO2 emissions from purchased energy
- Improving the availability of high-speed mobile networks
- Promoting diversity of personnel
“Elisa's mission is a sustainable future through digitalisation, and sustainability is at the core of our operations. For example, climate change mitigation has already been part of our strategy for more than ten years, and in 2020, Elisa became the first carbon-neutral operator in the Nordics. The sustainability goals are also reflected in the company's financing, and this credit facility will help us accelerate our sustainable growth”, says CFO Jari Kinnunen.
Elisa reports on its corporate responsibility operations in its verified sustainability report as part of the annual report, and at https://elisa.com/corporate/sustainability/
The mandated lead arrangers and bookrunners of the facility are Danske Bank, Handelsbanken, Nordea Bank, OP Corporate Bank, SEB and Swedbank. Danske Bank acted as the coordinator, Handelsbanken as the sustainability coordinator and Nordea Bank as the facility agent.
ELISA CORPORATION
Mr Vesa Sahivirta
IR Director
tel. +358 50 520 5555
For further information, please contact:
Mr Jari Kinnunen, CFO, tel. +358 50 324 3521
Mr Juha Kervinen, Group Treasurer, tel. +358 50 555 3625
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