Finnvera again on the Norwegian market

On 30 April, Finnvera plc issued a floating-rate bond of 800 million Norwegian crowns (about 91.1 million euros), which will mature in 2014. The bond has been converted into euros by means of an interest rate and currency swap with Nordea Bank. The State of Finland has granted an absolute guarantee as security for the bond and for the derivative agreement. The bond is quoted on the ABM list of Oslo Stock Exchange. The arrangement is part of Finnvera’s normal acquisition of funds.

The balance of the nine bonds that Finnvera has issued onto the Norwegian market totals 4.9 billion Norwegian crowns – or about 607 million euros.

Additional information:

Ulla Hagman, Senior Vice President, Finances and IT, tel. +358 20 460 7409
Riitta Martikainen, Manager, Treasury, tel. +358 20 460 3355