Elenia issues EUR 75 million in secured notes

Elenia Finance Oyj, a fully owned subsidiary of Elenia Oy, has issued and sold 2.684% fixed-rate guaranteed secured senior notes in the total principal amount of EUR 75,000,000 due in August 2030 through a private placement to an institutional investor in the United States.

Elenia Oy is the second largest electricity distribution network operator in Finland with operations in more than 100 cities and municipalities and approximately 67 000 km of distribution network. In 2014, total electricity distribution volume was  6 112 GWh.

Elenia group also includes Elenia Heat which is the second largest private seller of district heating in Finland and Elenia Palvelut Oy which operates the customer service business.

For more information: CFO Tommi Valento, +358 40 720 8951 

NOTHING IN THIS ANNOUNCEMENT CONSTITUTES AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES OR ANY OTHER JURISDICTION. THIS ANNOUNCEMENT DOES NOT CONSTITUTE A PROSPECTUS OR A PROSPECTUS EQUIVALENT DOCUMENT.