Coop Pank AS raises capital from the European Energy Efficiency Fund

Coop Pank AS and European Energy Efficiency Fund S.A. SICAV-SIF (hereafter eeef) signed an agreement on 19.12.2023, on the basis of which the Coop Pank takes unsecured subordinated loan from eeef in the amount of 15 million euros, with an interest rate of 6 months euribor + 3.25% per annum. In the form of a subordinated loan agreement, it is a capital instrument included in the bank’s Tier 2 own funds.
Paavo Truu
CFO
Phone: +372 5160 231
E-mail: [email protected] 
(GlobeNewsWire)