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Metso Has Obtained EUR 400 Million of New Long-term Funding - Metso Corporation issues an EUR 400 million 7-year Eurobond under the company’s EMTN (Euro Medium Term Note) program - Metso.com
Metso Has Obtained EUR 400 Million of New Long-term Funding

 

PRZOOM - /newswire/ - Helsinki, Finland, 2012/09/28 - Metso Corporation issues an EUR 400 million 7-year Eurobond under the company’s EMTN (Euro Medium Term Note) program - Metso.com. MEO1V.HE

   
 
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The notes carry a fixed coupon of 2.75 percent. The issue was substantially oversubscribed with around EUR 1.5 billion of orders, and the bond was allocated to about 170 investors. An application will be made for a listing of the notes on the Luxembourg Stock Exchange, where the EMTN program is currently listed.

The new funding will extend Metso’s maturity profile and the funds will be used primarily for general corporate purposes. In addition to the new bond, Metso has issued private placements totaling EUR 100 million during 2012.

Citigroup, Danske Bank, Nordea Markets, and SEB acted as Joint Bookrunners for the transaction.

Metso (metso.com) is a global supplier of technology and services to customers in the process industries, including mining, construction, pulp and paper, power, and oil and gas. Our 30,000 professionals based in over 50 countries deliver sustainability and profitability to customers worldwide. Expect results.

For further information, please contact:
Minna Helppi, SVP, Group Treasurer, Metso Corporation, T: + 358 20 484 3195
Juha Rouhiainen, VP, Investor Relations, Metso Corporation, T: +358 20 484 3253

Metso Corporation
Harri Nikunen, CFO
Juha Rouhiainen, VP, Investor Relations

Distribution:
NASDAQ OMX Helsinki Ltd - Media

 
 
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Agency / Source: Metso Corporation

 
 

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Metso Has Obtained EUR 400 Million of New Long-term Funding

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Metso |
Contact: Press Office - Metso.com 
+358 20 484 100 metso.info[.]metso.com
 
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