Suominen issues EUR 50 million bond
Suominen Corporation’s Stock Exchange Release on June 4, 2021 at 5:15 pm (EEST)
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Suominen Corporation issues a senior unsecured bond of EUR 50 million. The six-year bond matures on June 11, 2027 and it carries a coupon of 1.5 per cent. The offering was allocated to 19 investors.
Suominen Corporation will apply for the listing of the bond on the official list of Nasdaq Helsinki Ltd.
The net proceeds from the bond offering will be used for general corporate purposes.
Danske Bank A/S acted as Lead Manager for the issue of the bond.
For further enquiries, please contact:
Toni Tamminen, CFO, tel. +358 (0)10 214 3051
Suominen manufactures nonwovens as roll goods for wipes and other applications. Our vision is to be the frontrunner for nonwovens innovation and sustainability. The end products made of Suominen’s nonwovens are present in people’s daily life worldwide. Suominen’s net sales in 2020 were EUR 458.9 million and we have nearly 700 professionals working in Europe and in the Americas. Suominen’s shares are listed on Nasdaq Helsinki. Read more at www.suominen.fi.
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This communication does not constitute an offer of securities for sale in the United States. The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") or under the applicable securities laws of any state of the United States and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.
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