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Elenia issues EUR 138.5 million in secured notes

Elenia Finance Oyj, a fully owned subsidiary of Elenia Oy, has issued and sold fixed-rate guaranteed secured senior notes in the total principal amount of €138,500,000 through a private placement to institutional investors in North America as follows:
 
€78.5 million 2.04% Senior Secured Notes due 2028
€60.0 million 2.44% Senior Secured Notes due 2032
 
Elenia Oy is the second largest electricity distribution network operator in Finland with operations in more than 100 cities and municipalities and approximately 68 900 km of distribution network. In 2015, total electricity distribution volume was 5,994GWh.
 
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.
 

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