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Loan agreement with European Investment Bank (EIB)

Press release 2023-05-05

Reference is made to the stock exchange notice dated April 27, 2023 regarding a new loan agreement with the European Investment Bank.

The EUR 50 million loan to Atea ASA has been converted into Norwegian krone and will be disbursed in one tranche.  The final loan is for NOK 588.1 million, based on the exchange rate on May 2, 2023.

The loan has a six-year term and is unsecured.  The disbursement date for the loan is scheduled for May 15, 2023.  The repayment date of the loan is May 15, 2029.  The interest on the loan is floating rate 6M NIBOR + 1.148%

For further information, please contact:
Robert Giori, Chief Financial Officer Atea ASA, mobile (+47) 934 09 188

About Atea
Atea is the leading supplier of IT infrastructure in the Nordic and Baltic regions. Atea is present in 88 cities with over 8,000 employees in Norway, Sweden, Denmark, Finland, Lithuania, Latvia and Estonia. Atea delivers hardware and software from leading global vendors, and provides consulting and technical services to support its customers with the design, implementation and operation of their IT environments. Atea had revenue of approximately NOK 32 billion (EUR 3.2 billion) in 2022 and is listed on Oslo Stock Exchange.