Nordea and city of Vilnius sign agreements on two loans

Nordea and city of Vilnius sign agreements on two loans Nordea Bank and the local authorities in Vilnius, Lithuania have signed agreements on two loans totalling approximately EUR 12.7 million. Nordea won the final tender arranged by the borrower. The first loan amount is EUR 6.87 million and the second EUR 5.79 million. The tenor of each loan is seven years. The loans will be used to finance infrastructural development in Vilnius. - Cooperation with the city of Vilnius strengthens our position as an important financial institution in the Lithuanian market, says Petri Loikkanen, head of Nordea Lithuania. For further information: Petri Loikkanen, Nordea Lithuania, +370 2 361 301, +370 687 888 63 Seija Turpeinen, Media Relations Finland, +358 9 165 42652 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/08/15/20020815BIT01060/wkr0001.doc http://www.waymaker.net/bitonline/2002/08/15/20020815BIT01060/wkr0002.pdf

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