Nordic Investment Bank

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NIB is an international financial institution owned by eight member countries: Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The Bank finances private and public projects in and outside the member countries. NIB has the highest possible credit rating, AAA/Aaa, with the leading rating agencies Standard & Poor’s and Moody’s.

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NIB finances new section of E18 motorway in Norway

Thu, Sep 27, 2018 10:23 CET

The Nordic Investment Bank (NIB) and the Norwegian toll-road operator Ferde AS have signed a NOK 1 billion (EUR 104.5 million) loan with a maturity of 17.5 years to finance the construction of a new section of motorway between Tvedestrand and Arendal in Aust-Agder County. The loan finances the construction of a section of 23 kilometres of four-lane motorway on the E18, as well as four tunnels, six larger bridges and two grade-separated junctions. The new road connection will replace the existing two-lane road between Tvedestrand and Arendal. In addition, a new road section linking the

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NIB finances new section of E18 motorway in Norway

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