Nokian Signs 180 Million Euro Revolving Credit Facility

Nokian Tyres plc has signed a 180 million syndicated revolving credit facility for 5 years with international banks on the 19 April. The facility will be used to refinance the existing 100 million euros syndicated revolving credit facility that was signed 1 April 2003 and for general corporate purposes. The lead arranger for the facility was Danske Bank A/S. Other participating banks include: Danske Bank A/S, Handelsbanken, HSH Nordbank AG Copenhagen Branch, Nordea, NORD/LB Helsinki Branch and Sampo Bank plc.