{"id":2982,"date":"2025-12-30T11:41:20","date_gmt":"2025-12-30T09:41:20","guid":{"rendered":"https:\/\/ecobaltia.lv\/?p=2982"},"modified":"2025-12-30T11:41:22","modified_gmt":"2025-12-30T09:41:22","slug":"eco-baltia-signs-syndicated-financing-agreement-with-luminor-bank-and-seb-banka","status":"publish","type":"post","link":"https:\/\/ecobaltia.lv\/en\/2025\/12\/30\/eco-baltia-signs-syndicated-financing-agreement-with-luminor-bank-and-seb-banka\/","title":{"rendered":"Eco Baltia signs syndicated financing agreement with Luminor Bank and SEB banka"},"content":{"rendered":"\n

Eco Baltia signs syndicated financing agreement with Luminor Bank and SEB banka<\/strong><\/p>\n\n\n\n

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On December 29, 2025, AS Eco Baltia and its subsidiary SIA Eco Baltia vide signed a syndicated financing agreement with Luminor Bank and SEB banka, securing long-term financing of up to EUR 132 million, of which EUR 30 million is available under a separate agreement. The financing will be used to refinance existing liabilities and provide additional financial capacity.<\/strong><\/p>\n\n\n\n

Under the syndicated financing agreement, the Group companies have secured refinancing of their existing financial obligations and long-term financing in the amount of EUR 102 million, as well as the possibility of additional financing of up to EUR 30 million, available under certain conditions. This structure will allow the Group to plan its cash flows flexibly and adjust the amount of available financing according to its actual needs.<\/p>\n\n\n\n

M\u0101ris Simanovi\u010ds, Chairman of the Management Board of Eco Baltia<\/strong>: \u201cThe syndicated loan agreement strengthens the Group\u2019s financial stability and provides a solid foundation for our future growth. Cooperation with Luminor Bank and SEB banka allows us to refinance our existing liabilities and secure resources for future development at the same time.\u201d<\/em><\/p>\n\n\n\n

The syndicated financing with Luminor Bank and SEB banka is a targeted step in optimizing the Group\u2019s capital structure. It combines the refinancing of existing liabilities with access to long-term financing, providing the Group with flexibility and greater predictability in future periods. The financing agreement supports Eco Baltia’s development plans and strengthens the Group’s competitiveness in the Baltic region.<\/p>\n\n\n\n

\u201cEco Baltia is our long-standing client, demonstrating a strong and sustainable business model with stable financial performance and a strong position in the Baltic market. We are delighted to be part of this cooperation, which marks a new phase in our partnership, promoting further growth and the development of the circular economy in the Baltic region,”<\/em> says Ilze Zoltnere, Head of the Corporate Department at Luminor Bank.<\/strong><\/p>\n\n\n\n

\u201cWe are delighted to have the opportunity to start cooperation with Eco Baltia, the leading Baltic environmental resource management and recycling group. The group’s companies are an excellent example of how investing in effective, sustainable solutions tailored to society\u2019s needs can drive growth and development. Such companies are an essential part of the Latvian and Baltic economies, and our goal is to provide them with long-term support. The Eco Baltia group has significant potential to continue its successful growth story with SEB banka as a reliable financial partner. With the secured financing, we are refinancing existing liabilities and supporting investments in the company’s future development in the coming years,”<\/em> says Ints Krasts, Member of the Board of SEB banka.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Eco Baltia signs syndicated financing agreement with Luminor Bank and SEB banka On December 29, 2025, AS Eco Baltia and its subsidiary SIA Eco Baltia vide signed a syndicated financing agreement with Luminor Bank and SEB banka, securing long-term financing of up to EUR 132 million, of which EUR 30 million is available under a […]<\/p>\n","protected":false},"author":4,"featured_media":574,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-2982","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/ecobaltia.lv\/en\/wp-json\/wp\/v2\/posts\/2982","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ecobaltia.lv\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ecobaltia.lv\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ecobaltia.lv\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/ecobaltia.lv\/en\/wp-json\/wp\/v2\/comments?post=2982"}],"version-history":[{"count":1,"href":"https:\/\/ecobaltia.lv\/en\/wp-json\/wp\/v2\/posts\/2982\/revisions"}],"predecessor-version":[{"id":2983,"href":"https:\/\/ecobaltia.lv\/en\/wp-json\/wp\/v2\/posts\/2982\/revisions\/2983"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ecobaltia.lv\/en\/wp-json\/wp\/v2\/media\/574"}],"wp:attachment":[{"href":"https:\/\/ecobaltia.lv\/en\/wp-json\/wp\/v2\/media?parent=2982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ecobaltia.lv\/en\/wp-json\/wp\/v2\/categories?post=2982"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ecobaltia.lv\/en\/wp-json\/wp\/v2\/tags?post=2982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}