Elenia issues EUR 25 million in secured bonds
Elenia Finance Oyj, a wholly-owned subsidiary of Elenia Oy, has issued €25,000,000 in principal amount of secured floating-rate bonds due August 2029. The bonds are issued under a multicurrency bond programme and are listed on the London Stock Exchange. Elenia Oy is the second largest electricity distribution network operator in Finland with operations in more than 100 cities and municipalities and approximately 65,600 km of distribution network. In 2013, total electricity distribution volume was 6,228 GWh. Elenia Heat, a member of Elenia Group is the second largest private seller of