| By Marketwire . |
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| September 28, 2012 03:07 AM EDT |
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HELSINKI, FINLAND -- (Marketwire) -- 09/28/12 -- Metso Corporation's stock exchange release
on September 28, 2012 at 10:00 a.m.
local time
Metso Corporation issues an EUR 400 million 7-year Eurobond under the
company's
EMTN (Euro Medium Term Note) program. 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 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.
www.metso.com, www.twitter.com/metsogroup
Metso Corporation
Harri Nikunen
CFO
Juha Rouhiainen
VP, Investor Relations
Distribution:
NASDAQ OMX Helsinki Ltd
Media
www.metso.com
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Metso Corporation via Thomson Reuters ONE
[HUG#1644453]
