Project description
and objectives:
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EUR 7.5 million to refinance existing EBRD USD-nominated sovereign guaranteed loan with a corporate facility without sovereign guarantee. The purpose of the proposed corporate loan is to refinance the existing EBRD sovereign guaranteed loan with corporate facility not guaranteed by the sovereign and extend its maturity to strengthen the cash flow needed to support the Company’s further investment programme.
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Transition
impact:
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The project will contribute to the transition process by:
- Financing public entities without sovereign guarantee; and
- Supporting the Company in implementing its investment programme, including the investments required to comply with the EU requirements.
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The client:
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AS Tallinn Airport (the "Company") – a state-owned joint-stock company incorporated under the laws of the Republic of Estonia. The Company owns and operates the airport of Tallinn, the only international airport in Estonia.
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EBRD
finance:
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EUR 7.5 million senior loan.
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Total project cost:
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EUR 7.5 million.
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Environmental impact:
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Screened C/0 based on the assumption that loan maturity extension does not lead to any new projects to be carried out under this loan.
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Technical
cooperation:
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None.
For consultant opportunities for projects financed by technical cooperation
funds, visit procurement
of consultants.
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EBRD contact:
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Artjom Sokolov, Operation Leader: sokolova@tal.ebrd.com
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Procurement or tendering opportunities:
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Visit EBRD Procurement
Enquiries: Tel: +44 20 7338 6794; Fax: +44 20 7338 7472, Email: procurement@ebrd.com
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General
enquiries:
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EBRD project enquiries not related to procurement: Tel: +44 20 7338 7168; Fax: +44 20 7338 7380 Email: projectenquiries@ebrd.com
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