Finnair has issued a €150 million ($200 million) fixed rate senior unsecured bond with a five-year term.
The loan pays a coupon of 5% annual coupon rate.
Finnair says the transaction was oversubscribed with more than 100 investors buying into the financing.
The proceeds will be used for general corporate purposes.
Danske Bank and Pohjola Bank acted as mandated lead arrangers in the transaction.
Last November Finnair completed the partial tender offer for its €120 million domestic hybrid bond, which was issued in 2009. The coupon rate was 8.875% per annum. The bond has no maturity but the company may exercise an early redemption option after four years.