Finnvera successfully launched a 300 million US Dollar fixed rate bond
Finnvera launched yesterday on 31 October 2012 a USD 300 million (approx. EUR 230 million) five year fixed rate bond transaction. The interest rate and currency risk of the bond is hedged through an interest rate and currency swap transaction. This is the first bond issue under the new EMTN (Euro Medium Term Note) programme. Finnvera’s EMTN programme and notes issued under it including swap arrangements in connection with bond issues are guaranteed by the State. Finnvera uses the funds for financing the domestic SME sector as well as exports.
Ms Ulla Hagman, Senior Vice President, Finance and IT / CFO, Tel +358 29 460 2458
Mr Mikael Nordgren, Vice President, Head of Treasury, Tel +358 29 460 2467
Mr Petri Pärssinen, Manager, Treasury, Tel +358 29 460 2472