AS Tallink Grupp signed a revolving credit facility agreement in the amount of
EUR 60 million today. The financing provided by Swedbank AS carries Euribor
based floating interest rate and has final maturity of four years.
The loan can be drawn on demand and proceeds could be used for general corporate
purposes. As a result of the transaction Group's liquidity buffers are
strengthened.
The new loan is guaranteed by Baltic SF VII Ltd., a subsidiary of AS Tallink
Grupp and is secured by the mortgage on the vessel Silja Europa belonging to the
same subsidiary.
Veiko Haavapuu
Financial Director
AS Tallink Grupp
Sadama 5
10111 Tallinn, Estonia
E-mail veiko.haavapuu@tallink.ee
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