Market announcement
AS TALLINNA VESI
LEI code
5493000M6TVS2X0KWC97
Size of the entity
Large group
Economic activities
Water Supply; Sewerage, Waste Management and Remediation Activities
Country of registered office
Estonia
General information
Categories
Other corporate action
Unique data record identifier
7592
Submission date and time
21.11.2019 17:10:16
Content of announcement in Estonian
Title
AS Tallinna Vesi laenukohustuste muutused
Message
Täna, 21. novembril 2019 maksis AS Tallinna Vesi Nordea pangale tagasi oma pikaajalise 37,5 miljoni euro suuruse laenu ning sõlmis uue laenulepingu summas 37,5 miljonit eurot Põhjamaade Investeerimispangaga, et rahastada ettevõtte investeeringute kava. Nordea pangalt võetud 37,5 miljoni suuruse laenu tagasimaksmise tähtaeg oli 2020. aastal. Täna, 21. novembril 2019 maksis ettevõte laenu ennetähtaegselt tagasi. Samas sõlmis AS Tallinna Vesi uue, 15-aastase laenulepingu Põhjamaade Investeerimispangaga 37,5 miljoni euro ulatuses ettevõtte investeeringute kava rahastamiseks. Selle tulemusena väheneb AS-i Tallinna Vesi keskmine laenuintressi riskimarginaal 0,79%-lt 0,65%-le. 2019. aasta novembri lõpu seisuga ulatub ettevõtte pikaajaliste laenukohustuste kogusumma 91,4 miljoni euroni. Riina Käi Finantsdirektor AS Tallinna Vesi (+372) 626 2262 [email protected]
Content of announcement in English
Title
Change in AS Tallinna Vesi’s loan obligations
Message
Today, on the 21(st) of November 2019, AS Tallinna Vesi repaid its long-term loan in a total amount of 37.5 million euros to Nordea Bank and entered into the new loan contract in the amount of 37.5 million euros with Nordic Investment Bank to finance its investment program. AS Tallinna Vesi had the loan from Nordea Bank in the amount of 37.5 million euros due in 2020. Today on 21(st) November 2019, the Company repaid the loan back prematurely. At the same time AS Tallinna Vesi entered into the new 15-year loan contract with Nordic Investment Bank for the amount of 37.5 million euros to finance its investment program. As a result AS Tallinna Vesi's average loan interest risk margin will decrease from 0.79% to 0.65%. The total long-term loan liabilities of the Company at the end of November 2019 amounts to to 91.4 million euros. Riina Käi Chief Financial Officer AS Tallinna Vesi (+372) 626 2262 [email protected]