Triniti has advised the Tallinn water company AS Tallinna Vesi on a EUR 91 million syndicated loan agreement with AS SEB Pank.
In addition to AS SEB Pank, the syndicate also includes Swedbank AS and the Estonian branch of OP Corporate Bank plc.
According to Triniti, the funds "will refinance existing loan commitments and finance AS Tallinna Vesi’s investments in the period 2023-2025."
Earlier this year Triniti advised Utilitas, Estonia’s largest district heating company, on a joint venture to establish a district heating company with the City of Tallinn (as reported by CEE Legal Matters on May 24, 2023).
Trinit’s team included Managing Partner Ergo Blumfeldt and Senior Associate Katri Tomson.