E-CO ENERGI HOLDING AS continues to fund long-term business activities that have a long duration until maturity and offer competitive terms.
In connection with the purchase of the shares in Hafslund's hydropower production, E-CO Energi Holding AS raised new loans valued at NOK 2.8 billion on the US capital market for private placements.
The terms to maturity and amounts break down as follows:
7 years - MNOK 290
10 years - MNOK 910
12 years - MNOK 723
15 years - MNOK 848
The company is well good satisfied with yet another successful transaction in a loan market which, over time, has been cost-effective and available to the type of credit E-CO represents.
Stine Rolstad Brenna, CFO, +47 928 03 456