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Finnprotein Gets 65 Million-Euro Loan for New Processing Plant

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Jan. 16 (Bloomberg) -- Finnprotein Oy, a soy processing company in Finland, has obtained a 65 million-euro ($82 million) project finance facility.

The seven-year credit line will be used to build a multi-stage soy processing plant in Uusikaupunki, Finland, the largest of its type in Europe, according to a statement from lenders.

Nordea Bank AB and Pohjola Bank Plc acted as mandated lead arrangers. Finnvera OYJ is also involved in the deal “with a significant stake,” the lender said.

To contact the reporter on this story: Louise Meeson in London on lmeeson@bloomberg.net.

To contact the editor responsible for this story: Faris Khan at Fkhan33@bloomberg.net.

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