Debt structure and liquidity

Debt Structure on 30 June 2025


TVO Group Debt Structure

(Loan from the Finnish State Nuclear Waste Management Fund not included)

MEUR
Public bonds 3,050
EMTN Private Placements 597
Loans from financial institutions 347
US Private Placements 280
Commercial papers 0
Total 4,272

Debt Maturity Profile

Year 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036- Total
MEUR 6 676 901 612 284 637 614 229 119 14 92 90 4,272

Maturity of Credit Commitments


Liquidity on 30 June 2025


Liquid funds

Cash and cash equivalents EUR 185 million.

Short term financing

Finnish Commercial Paper Programme EUR 1,000 million. Emitted amount EUR 0 million.

Committed credit facilities

On 30 June 2025, TVO had undrawn credit facilities amounting to EUR 1,000 million.