Outokumpu Oyj
Outokumpu will issue EUR 250 million bond

Outokumpu Oyj 

19.09.2014 08:00

Dissemination of a Adhoc News, transmitted by DGAP - a service of EQS Group
AG.
The issuer is solely responsible for the content of this announcement.

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OUTOKUMPU OYJ
STOCK EXCHANGE RELEASE
September 19, 2014 at 9.00 am EET


Not for release, publication or distribution, directly or indirectly, in or
into the United States, Canada, Japan, Australia, Singapore, Hong Kong, or any
other jurisdiction in which the distribution or release would be unlawful. 

Outokumpu will issue a EUR 250 million senior secured bond mainly to
institutional investors. The bond matures on September 30, 2019 and it carries
a fixed coupon interest rate of 6.625 percent per annum, payable semi-annually.
The bond is callable before its final maturity. 

The proceeds from the issuance of the bond will be used to refinance the
existing indebtedness, including the redemption of the bond maturing in June
2015. On or around the issue date of the new bond, Outokumpu will cancel its
existing and currently undrawn EUR 500 million liquidity facility by an amount
equal to the proceeds from the new bond. 

An application will be made to list the bond on the NASDAQ OMX Helsinki Ltd.
Nordea Markets and Pohjola Markets act as coordinators and lead managers for
the bond issue. The other lead managers are Danske Bank A/S, Skandinaviska
Enskilda Banken AB (publ) and Swedbank AB (publ). 

For more information:

Investors: Johanna Henttonen, tel. +358 9 421 3804, mobile +358 40 530 0778

Media: Saara Tahvanainen, tel. +358 40 589 0223

Outokumpu Group


Outokumpu is a global leader in stainless steel. We create advanced materials
that are efficient, long lasting and recyclable - thus building a world that
lasts forever. Stainless steel, invented a century ago, is an ideal material to
create lasting solutions in demanding applications from cutlery to bridges,
energy and medical equipment: it is 100% recyclable, corrosion-resistant,
maintenance-free, durable and hygienic. Outokumpu employs more than 12 000
professionals in more than 30 countries, with headquarters in Espoo, Finland
and shares listed in the NASDAQ OMX Helsinki. www.outokumpu.com 

Disclaimer

Not for release, publication or distribution, directly or indirectly, in or
into the United States, Canada, Japan, Australia, Singapore, Hong Kong or in
any other jurisdiction where such release, publication or distribution would be
unlawful. Persons who reside outside Finland may receive this release only in
compliance with applicable exemptions and restrictions. 

The information contained in this release shall not be construed as an offer to
sell, or as a solicitation of an offer to purchase with respect to any bonds.
In particular, this release does not constitute an offer to sell, or a
solicitation of offers to purchase, any securities in the United States. Any
bonds referred to herein have not been, and will not be, registered under the
U.S. Securities Act of 1933, as amended, and may not be offered or sold in the
United States absent registration or an applicable exemption from registration
requirements.
News Source: NASDAQ OMX



19.09.2014 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      Outokumpu Oyj
              
               
              Finland
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         FI0009012454
WKN:          
 
End of Announcement                             DGAP News-Service
 
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