Nokian Tyres plc has today signed a syndicated revolving credit facility of 200 million euros with a group of five banks, which will replace a total of 175 million euros of existing credit facilities. The company will use the three-year facility, which has two one-year extension options, as a back-up for general corporate purposes.
Niko Haavisto will become the new Chief Financial Officer of Nokian Tyres and a member of the company’s Management team as of 1 October 2023, succeeding Teemu Kangas-Kärki. In this role, he will report to Jukka Moisio, President and Chief Executive Officer. Jari Huuhtanen, VP, Group Business Control, will continue in the interim position of SVP, Finance and Treasury, until the end of February 2024.
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