Agreement with Financiers and Finnish Government on Liquidity Loans of €43 million

By | 2020 Newsletter week 43 | No Comments

The Finnish Government approved the State of Finland’s guarantees on Viking Line´s liquidity loans up to €38.7 million. Using the liquidity loans, Viking Line aims to further secure its cash position and ensure business continuity during the exceptional situation caused by the coronavirus crisis. In addition to the Finnish State guarantees, commercial banks are guaranteeing €4.3 million.

The arrangement is compliant with EU State aid regulations.