English

HKSCAN RAISES EUR 550 MILLION SYNDICATED CREDIT FACILITY

Report this content 
HKScan Oyj            STOCK EXCHANGE RELEASE 19 June 2007, at 8.30am


HKSCAN RAISES EUR 550 MILLION SYNDICATED CREDIT FACILITY

HKScan has signed a EUR 550 million multi-currency credit facility with an
international syndicate of banks. 

The credit facility comprises a EUR 275 million seven-year amortising term loan
and a EUR 275 million five-year credit limit. 

This arrangement will refinance most of HKScan's current loan portfolio and
support the company's future financing needs. It will expand the financier base
of the new HKScan Group and extend the average loan maturity of the Group's
loan stock. 

The primary lending banks are Nordea, OKO Bank, Sampo and Swedbank, with DnB
NORD, ABN Amro, HSH Nordbank and SEB also parties to the syndicate. 


HKScan Oyj


Kai Seikku
CEO


Further information:
CEO Kai Seikku and CFO Matti Perkonoja. Please leave any messages for them to
call with Marjukka Hujanen on +358 10 570 6218 



DISTRIBUTION:
Helsinki Exchanges
Main media
www.hkscan.com

Subscribe