Swedbank and Luminor to Lend €100m for Construction of National Stadium in Vilnius

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Swedbank and Luminor have provided a €100 million syndicated loan to Vilnius Multipurpose Complex, a company owned by real estate company Hanner, according to a press release. The funds will be used for the construction of the National Stadium and a multi-purpose complex in Vilnius. Swedbank, acting as a transaction agent, provided €65 million in financing, while Luminor provided €35 million. “The €100 million loan was granted

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Ownership

Hanner, the real estate (RT) development group that is building the National Stadium complex in Vilnius under concession, has signed an agreement with banks for EUR 100 million in financing.