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Outokumpu Signed A EUR 400 Million Revolving Credit Facility - Outokumpu has signed a EUR 400 million committed multicurrency revolving credit facility to cover working capital needs - Outokumpu.com
Outokumpu Signed A EUR 400 Million Revolving Credit Facility

 

PRZOOM - /newswire/ - Espoo, Finland, 2012/04/04 - Outokumpu has signed a EUR 400 million committed multicurrency revolving credit facility to cover working capital needs - Outokumpu.com. OUT1V

   
 
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The credit facility will become available following the completion of the Inoxum transaction. The maturity of this credit facility is in June 2013 and includes a financial covenant based on gearing.

The banks in this loan syndicate are Nordea, J.P. Morgan Limited, SEB, Danske Bank A/S, Pohjola Bank plc, Handelsbanken, BNP Paribas and Crédit Agricole Corporate and Investment Bank.

For further information please contact:

Ingela Ulfves, VP – Investor Relations
T: +358 9 421 2438 / M: +358 40 5151 531

Renny Bång, VP – Finance
T: +358 9 421 3862 / M: +358 40 592 6264

OUTOKUMPU OYJ

Outokumpu (outokumpu.com) is a global leader in stainless steel with the vision to be the undisputed number one. Customers in a wide range of industries use our stainless steel and services worldwide. Being fully recyclable, maintenance-free, as well as very strong and durable material, stainless steel is one of the key building blocks for sustainable future. Outokumpu employs some 8 000 people in more than 30 countries. The Group’s head office is located in Espoo, Finland. Outokumpu is listed on the NASDAQ OMX Helsinki.

 
 
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Agency / Source: Outokumpu OYJ

 
 

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Outokumpu Signed A EUR 400 Million Revolving Credit Facility

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OUTOKUMPU OYJ |
Contact: Press Office - Outokumpu.com 
corporate.info[.]outokumpu.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Outokumpu OYJ securities in any jurisdiction including any other companies listed or named in this release.

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