Metro train in Stockholm. Illustration: Bombardier
25 Feb 2016
NIB finances Stockholm’s public transport system
Metro train in Stockholm. Visualisation: Bombardier.
The Nordic Investment Bank (NIB) and the Stockholm County Council have signed a loan agreement totalling SEK 1 billion (EUR 107 million).
The ten-year loan will finance the upgrade of Stockholm´s public transport.
The Stockholm County Council is a regional municipal body in Sweden. Its main responsibilities are the provision of public healthcare and public transport.
NIB is an international financial institution owned by eight member countries: Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The Bank finances private and public projects in and outside the member countries. NIB has the highest possible credit rating, AAA/Aaa, with the leading rating agencies Standard & Poor’s and Moody’s.
For further information, please contact
Mr Tore Emanuelsson, Senior Manager Origination, at +358 10 618 0244,
Lisa-Maria Altenberger, Communications Unit, at +358 10 618 0234,