English

Fortum issues EUR 1.5 billion dual tranche eurobonds

Report this content 
Fortum Corporation                                                              
Press release                                                                   
17.3.2009                                                                       


Fortum issues EUR 1.5 billion dual tranche eurobonds                            

Fortum Corporation has issued a EUR 750 million five-year and a EUR 750 million 
ten-year eurobond under its EMTN (Euro Medium Term Note) programme. The         
five-year bond carries a coupon of 4.625% and the ten-year bond 6%.             

The bond offering was oversubscribed with a total order-book of approximately   
EUR 6 billion.                                                                  

The bonds will be listed on the Luxembourg Stock Exchange.                      

The proceeds of the offering will be used for general corporate and refinancing 
purposes.                                                                       

Barclays Capital, Deutsche Bank, Nordea Markets and Royal Bank of Scotland acted
as joint book-runners for the transaction.                                      


Fortum Corporation                                                              
Corporate Communications                                                        


Further information:                                                            
Jan Seveborg, Group Treasurer, Fortum Corporation, tel.+358 10 45 29164
Jouni Huttunen, Head of Treasury Management, Fortum Corporation, tel. +358 10 45
24649

Subscribe