Kesla just released this announcement. 
Kesla Oyj | Stock Exchange Release, Inside Information | March 25, 2026, at 8:45 AM
Inside Information: Kesla has negotiated a bridge financing agreement as part of its business and financial health recovery and structural assessment process
Kesla has negotiated a bridge financing package with a Nordic bank. The package includes bridge financing that can be drawn in two tranches of 2.5 million each. The first tranche can be drawn in mid-April 2026, and if needed, the second tranche can be drawn in mid-August. This bridge financing will be used to repay liabilities to current main financiers during 2026. The bridge financing is short-term and will be repaid in full by the end of 2026. In connection with this, Kesla Oyj has negotiated a financing arrangement for its receivables, where the said Nordic bank will either purchase or finance Kesla Oyj’s sales receivables. With the bridge financing and the receivables financing arrangement, Kesla’s financial position and availability of working capital are secured.
The bridge financing solution is part of Kesla’s business and financial health recovery and structural assessment process, announced on December 1, 2025, one aspect of which, as previously communicated, is the assessment of Kesla’s financial position. The recovery and structural assessment process continues, and decisions made based on it will be announced separately.
“The bridge financing solution we have negotiated is a key part of recovering and stabilizing our financial situation. Bridge financing provides us with financial flexibility and the opportunity to focus on improving our business and continuing the structural assessment process as planned during the current year. The steadily progressing process aims to ensure Kesla’s business continuity, profitability, financial flexibility, and long-term competitiveness,” comments Pasi Nieminen, CEO of Kesla Oyj.