TAL1T Tallink Group

Change in AS Tallink Grupp’s loan obligations

Change in AS Tallink Grupp’s loan obligations

AS Tallink Grupp signed a revolving credit facility agreement in the amount of EUR 60 million today. The financing provided by Swedbank AS carries Euribor based floating interest rate and has final maturity of four years.

The loan can be drawn on demand and proceeds could be used for general corporate purposes. As a result of the transaction Group’s liquidity buffers are strengthened.

The new loan is guaranteed by Baltic SF VII Ltd., a subsidiary of AS Tallink Grupp and is secured by the mortgage on the vessel Silja Europa belonging to the same subsidiary.



Veiko Haavapuu

Financial Director



AS Tallink Grupp

Sadama 5

10111 Tallinn, Estonia

E-mail

EN
25/11/2019

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