Elenia Finance Oyj, a fully owned subsidiary of Elenia Oy, has issued and sold 3.601% fixed-rate guaranteed secured senior notes in the total principal amount of EUR 120,000,000 due 2034 through a private placement to certain institutional investors 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 65,600 km of distribution network. In 2013, total electricity distribution volume was 6,228 GWh. Elenia Heat, a member of Elenia Group is the second largest private seller of district heating in Finland.
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.