OREANDA-NEWS. May 05, 2014. Nordea Bank acted as one of the Mandated Lead Arranger on mUSD150 ECA-covered financing of the equipment deliveries for OJSC “MegaFon” which is guaranteed by the Finnish export credit agency “Finnvera”.

The facility is funded by the Finnvera’s subsidiary, Finnish Export Credit Ltd (FEC). Funds for the amount of mUSD150 are to be used for financing of telecommunication network equipment deliveries to OJSC “MegaFon” from “Nokia Solutions and Networks” Oy (NSN).

“Nordea Group has been cooperating with MegaFon since 2002. We would like to say that we glad to extend our partnership and to contribute to the company’s further business growth”, said Sergey Stepanov, Vice-President and the Head of Trade & Project Finance OJSC Nordea Bank.