HPP advised Finest Bay Area Development Oy in the negotiations concerning 15 billion euro financing for the tunnel project connecting Finland and Estonia

Finest Bay Area Development Oy has signed a memorandum of understanding with Touchstone Capital Partners Ltd on the financing of the tunnel connecting Finland and Estonia, covering EUR 15 billion in funding. This funding will be in addition to the previously announced EUR 100 million funding agreed with ARJ Holding LLC.

Financing will be available tor Finest Bay Area Development as the project progresses. The details of the financing will be negotiated over the coming months.

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