Debt financing

Elisa established a European Medium Term Note (EMTN) Programme in 2000.  The programme is updated annually, and it is the main source for medium- and long-term funding.

• Issuer: Elisa Corporation
• Programme size: EUR 1,500,000,000
• Listing: Luxembourg Stock Exchange
• Arranger: Nordea Bank
• Dealers: Danske Bank, Landesbank Baden-Württenberg, Nordea Bank, OP Corporate Bank, SEB, Svenska Handelsbanken and Swedbank
• Issuing and Principal Paying Agent: The Bank of New York Mellon

EMNT Base Prospectus list

Elisa EMTN Base Prospectus 19 July 2023

Elisa EMTN Base Prospectus 21 July 2022Elisa EMTN Base Prospectus 21 July 2021Elisa EMTN Base Prospectus 23 July 2020Elisa EMTN Base Prospectus 4 July 2019Elisa EMTN Base Prospectus 14 Aug 2018Elisa EMTN Base Prospectus 15 June 2016Elisa EMTN Base Prospectus 14 May 2013

Elisa’s mission is a sustainable future through digitalisation. We are committed to conducting responsible and sustainable business at all levels, including our financing operations.

As a part of this commitment, we signed our first Sustainability Linked RCF in 2021, and established a Sustainability Finance Framework in 2022 to support the company's sustainability goals. Elisa can issue bonds and other financial instruments to finance or refinance sustainable investments and projects in accordance with the Framework. The first Green Bond was issued on 20 Sept 2023.

In addition to Elisa's climate goals, the Sustainability Finance Framework includes areas of digital and social responsibility. The Sustainable Finance Use of Proceeds categories are:

• Energy efficiency
• Renewable energy
• Green buildings and data centres
• Digital inclusion
• Social inclusion

Documents

Elisa Sustainability Finance Framework

Sustainalytics Second Party Opinion

• Elisa issued a EUR 300 million Green Bond (Stock Exchange Release 20 Sept 2023)
  
• Elisa signs EUR 170 million sustainability-linked revolving credit facility (Investor News 16 May 2023)
  
• Elisa signs EUR 130 million sustainability-linked revolving credit facility (Investor News 22 Sept 2021)

Elisa details the allocation of Sustainability Financing net proceeds annually on this website.

Elisa has worked together with Handelsbanken Capital Markets to develop this Sustainability Finance Framework. Sustainalytics has provided a second party opinion on the framework.  The Sustainability Finance Framework is based on the Green Bond Principles, the Social Bond Principles, the Sustainability Bond Guideline, all as published by the International Capital Market Association (ICMA), as well as on the  Green Loan Principles and the Social Loan Principles, each as published by the Loan Market Association.