Market announcement
AS Tallink Grupp
LEI code
529900QRMWAKKR3L9W75
Size of the entity
Large group
Economic activities
Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles, Transportation and Storage, Accommodation and Food Service Activities, Administrative and Support Service Activities
Country of registered office
Estonia
General information
Categories
Other corporate action
Unique data record identifier
8412
Submission date and time
27.11.2020 15:35:00
Content of announcement in Estonian
Title
Tallink Silja OY allkirjastas laenulepingu Põhjamaade Investeerimispangaga
Message
AS Tallink Grupp tütarettevõte Tallink Silja OY ja Põhjamaade Investeerimispank (Nordic Investment Bank, "NIB") allkirjastasid täna käibekapitali laenulepingu. Laenulimiidi ulatus on 100 miljonit eurot ning laen on lubatud kasutusse võtta 10-40 miljoni euro suuruste osade kaupa. Laenu tagatiseks on hüpoteegid konsolideerimisgruppi kuuluvate laevade Megastar ja Baltic Queen olemasolevate kreeditoride taga olevale järjekohtadele ja AS-i Tallink Grupp garantii. Soome Vabariigi valitsus on andnud NIB kasuks riigipoolse garantii, mis katab 90% kasutuses olevast laenu põhiosast. Laen kannab Euriboril baseeruvat muutuvat intressimäära ja on tagasimaksete lõpptähtajaga neli aastat. Laenu tagasimaksed algavad kahe aasta pärast alates laenulepingu sõlmimisest. Sõlmitud laenuleping tugevdab Tallink Silja OY, ja seeläbi kogu konsolideerimisgrupi likviidsuspuhvreid. Joonas Joost Finantsdirektor AS Tallink Grupp Sadama 5 10111 Tallinn E-mail [email protected]
Content of announcement in English
Title
Tallink Silja OY signs loan agreement with Nordic Investment Bank
Message
Tallink Silja OY, a subsidiary of AS Tallink Grupp, and Nordic Investment Bank
("NIB") have today signed a term loan agreement for financing of working
capital. The total amount of the loan limit is EUR 100 million and the loan can
be drawn in EUR 10-40 million disbursements.
The loan is secured by the mortgages on the consolidation group's vessels
Megastar and Baltic Queen, ranking after the existing creditors and the
corporate guarantee of AS Tallink Grupp. The Government of the Republic of
Finland has issued a state guarantee in favour of NIB regarding the loan
facility covering 90% of the outstanding principal amount of the loan.
The loan carries Euribor based floating interest rate and has final maturity of
four years. The repayment of the loan starts in two years from the signing of
the agreement.
As a result of the transaction, liquidity buffers of Tallink Silja OY, and
thereby the entire consolidation group, are further strengthened.
Joonas Joost
Financial Director
AS Tallink Grupp
Sadama 5
10111 Tallinn, Estonia
E-mail [email protected]