Finland, 21-10-2013 — /EuropaWire/ — Finnvera launched on 8 October 2013 a SEK 2 billion (approx. EUR 230 million) floating rate note maturing in August 2018. The note was issued under the company’s EMTN (Euro Medium Term Note) programme.
Finnvera’s EMTN programme and notes issued under it including swap arrangements in connection with note issues are guaranteed by the State. Finnvera uses the proceeds from the note issues for financing the domestic SME sector as well as exports.
Additional information:
Ms. Ulla Hagman, CFO, Tel +358 29 460 2458
Mr. Mikael Nordgren, Head of Treasury, Tel +358 29 460 2467
Finnvera provides financing for the start, growth and internationalisation of enterprises and guarantees against risks arising from exports. Finnvera strengthens the operating potential and competitiveness of Finnish enterprises by offering loans, domestic guarantees, venture capital investments, export credit guarantees and other services associated with the financing of exports. The risks included in financing are shared between Finnvera and other providers of financing.
Finnvera is a specialised financing company owned by the State of Finland and it is the official Export Credit Agency (ECA) of Finland.
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