SATO – Unsecured Loan of EUR 50 Million from Aktia Bank

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We advised SATO Corporation in a finance arrangement where SATO and Aktia Bank plc agreed on an unsecured bilateral loan of EUR 50 million. The loan will be used for refinancing purposes. The agreement on the five-year loan with two one-year extension options was signed in Helsinki on 14 December 2016. The financing agreement is part of SATO’s continuous process of adjusting its financing structure towards increased use of unsecured debt.