Metsäliitto Osuuskunta
Metsä Fibre has signed the financing agreements for the Äänekoski bioproduct mill project and refinanced its revolving credit facility

DGAP-News: Metsäliitto Osuuskunta

2015-06-11 / 08:00

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Metsä Group Press Release 11 June 2015

Metsä Fibre Corporation, part of Metsä Group, has on 10 June 2015 signed the
financing agreements for the Äänekoski bioproduct mill project and refinanced
its existing EUR 270 million revolving credit facility. The financing for the
Bioproduct mill project is in total EUR 750 million and consists of several
financing arrangements. The new revolving credit facility is EUR 300 million
with a maturity date five years from the signing. In addition, the company has
signed a EUR 150 million shareholder loan agreement with Itochu Corporation. 

The debt financing for the Bioproduct mill project consists of a EUR 400
million Finnvera guaranteed loan, EUR 200 million loan from European Investment
Bank (EIB), EUR 80 million loan from commercial banks and EUR 70 million loan
guaranteed by Swedish export credit agency EKN. 

The financing has been coordinated by Nordea. Other lenders, in addition to
above, participating in the financing are Danske Bank, DNB Bank, Pohjola Bank,
SEB, Swedish Export Credit and Swedbank. 



METSÄ GROUP
Group Communications

For further information, please contact:
Ilkka Hämälä, CEO, Metsä Fibre, tel. +358 (0)10 465 5026



www.metsagroup.com

Metsä Group is a responsible forest industry group whose products' main raw
material is wood from northern, sustainably managed forests. Metsä Group
focuses on tissue and cooking papers, fresh forest fibre paperboards, pulp,
wood products, and wood supply and forest services. Its high-quality products
combine renewable raw materials, customer-orientation, sustainable development
and innovation. 

Metsä Group's sales totalled EUR 5 billion in 2014, and it employs
approximately 10,500 people. The Group operates in some 30 countries.
Metsäliitto Cooperative is the parent company of Metsä Group and is owned by
approximately 122,000 Finnish forest owners. 


www.metsafibre.com

Metsä Fibre is a world-leading producer of softwood pulp and its main brand is
Botnia. Our products - sustainably and cost-efficiently produced softwood and
birch pulp - are specially developed for the production of high-quality tissue
and writing papers, speciality products, and board. With four pulp mills in
Finland, we employ a total of about 850 people. Our sales in 2014 were
approximately EUR 1.3 billion. Metsä Fibre is part of Metsä Group.
News Source: NASDAQ OMX



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2015-06-11 Dissemination of a Corporate News, transmitted by DGAP - a
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Language:    English                 
Company:     Metsäliitto Osuuskunta  
 
 
             Finland                 
ISIN:        FI0002001611            
 
 
End of News    DGAP News-Service  
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