Telecommunications equipment and related services to an operator in Kuwait
TD Securities and Natixis are the first financial institutions to use Finnvera’s Refinancing Guarantee Scheme.
![telekommunikaatiolaitteita ja palveluja kuwaitilaisoperaattorille](/sites/finnvera.fi/files/styles/9_16_max_320/public/images/telekommunikaatiolaitteita-ja-palveluja-kuwaitilaisoperaattorille.png.webp)
Finnvera and TD Securities have closed a refinancing guarantee allowing the refinancing of around USD 85 million which is a part of a USD denominated buyer credit guarantee facility in the amount of USD 200 million arranged by Natixis to finance Nokia´s deliveries of networks equipment and guaranteed by Finnvera.
Finnvera has had its Refinancing Guarantee Scheme available for some time already as an alternative for the scheme where Finnvera´s subsidiary Finnish Export Credit provides funding and benefits from Finnvera´s guarantee cover.
Article in our newsroom: TD Securities and Natixis are the first financial institutions to use Finnvera’s Refinancing Guarantee Scheme
Exporter: Nokia Solutions and Networks Oy
Guarantee Holder: Natixis, France
Arrangers: Natixis, France and First Abu Dhabi Bank
Lenders: Natixis and Finnish Export Credit Ltd.
Borrower: Mobile Telecommunications Company K.S.C.P., Kuwait
Goods: Telecommunications equipment and related services
Credit amount: USD 200 million
Credit period: 8.5 years
Credit amount covered by Finnvera: USD 200 million
Environmental and social classification: C
Information published: 21 November 2017