Lietuvos Energija UAB: Regarding Loan Agreement with TUULEENERGIA OÜ

Vilnius, Lithuania, 2017-11-17 15:17 CET (GLOBE NEWSWIRE) --
Lietuvos energija, UAB, (hereinafter - the Company) identification code
301844044, registered office placed at Žveju str. 14, Vilnius, Republic of
Lithuania. The total nominal value of issued bonds 300 000 000 EUR; ISIN code
XS1646530565. 

The Company signed a loan agreement (hereinafter referred to as the Agreement)
on 17 November, 2017 with TUULEENERGIA OÜ for 19,119 million EUR loan granting.
Proceeds from this loan will be used for the refinancing of the syndicated
long-term credit in AS SEB Pank and Nordea bank AB Estonia branch, made up on
16th January 2017. 

The contractual maturity date of commitments is no later than 14 July, 2027.
The fixed interest rate of the agreement amounts to 3,05%. This agreement does
not provide any other additional obligations (guarantees, suretyship, pledges,
etc.) to enforce obligations. 

Before releasing 300 mln. EUR green bonds issue of Lietuvos Energija a part of
its funds - was foreseen to use for funding of electricity generation from
renewable energy sources. TUULEENERGIA OÜ operates a park of 6 wind turbines
with the overall capacity of 18,3 MW located in Mali and Tamba, Estonia. The
Company owns 100% of TUULEENERGIA OÜ share capital. 

         Director of Corporate Communications Division at Lietuvos energija,
UAB, Laura Šebekiene, [phone], [e-mail]