HKScan issues a EUR 100 million bond

HKScan Corporation                Stock exchange release, 14 November 2014 at 15.45

 

HKScan issues a EUR 100 million bond

HKScan issues an unsecured bond of EUR 100 million. The five-year bond matures on November 21, 2019 and it carries a fixed annual interest of 3.625 percent. HKScan will apply for the listing of the bond on the regulated market maintained by NASDAQ OMX Helsinki.

The proceeds from the bond offering will be used for repayment in part of existing debt in order to lengthen the debt maturity profile and for general corporate purposes.

Danske Bank acted as the lead manager for the transaction.

 

HKScan Corporation

 

Hannu Kottonen
President and CEO

 

Further information: HKScan Corporation's CFO Tuomo Valkonen or SVP Group Treasury Keijo Keränen. Kindly submit a call-back request to Marja-Leena Dahlskog, SVP Communications, firstname.surname@hkscan.com or tel. +358 10 570 2142

 

HKScan is the leading Nordic meat expert. We sell, market and produce high-quality, responsibly-produced pork, beef, poultry and lamb products, processed meats and convenience foods under strong brand names. Our customers are the retail, food service, industrial and export sectors, and our home markets comprise Finland, Sweden, Denmark and the Baltics. We export to close to 50 countries. HKScan’s net sales is EUR 2.1 billion and we have some 7 700 employees, making us one of the Europe’s leading meat companies.

 

 

 

About Us

HKScan is a Nordic meat and meals company. We employ over 7 300 professionals in striving to serve the world ìs most demanding consumers, maintaining quality throughout the full chain of operations, From Farm to Fork. HKScan produces, markets and sells high-quality, sustainably produced pork, beef, poultry and lamb products, as well as charcuterie and meals, with strong consumer brands, including HK®, Scan®, Rakvere®, Kariniemen®, Rose®, Pärsons® and Tallegg®. Our customers are the retail, food service,industrial and export sectors, and our home market comprises of Finland, Sweden, Denmark and the Baltics. We export to close to 50 countries. In 2017, HKScan had net sales of EUR 1.8 billion, making us one of Europe’s leading meat and meals companies.www.hkscan.com

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