Metsä Group’s tissue and cooking paper business signs EUR 200 million syndicated credit facility
Metsä Group Stock Exchange Release 24 April 2013 at 16.00 EET
On April 23, Metsä Tissue Corporation, part of Metsä Group, has signed a new EUR 200 million syndicated loan agreement.
The loan is a five-year credit facility to refinance the current facility maturing in September 2013. SEB acted as coordinating bookrunner and mandated lead arranger of the facility. Other bookrunners and mandated lead arrangers were Crédit Agricole, Danske Bank, DNB, Nordea, Pohjola and Swedbank.
For further information, please contact:
Markus Holm, CFO, Metsä Tissue, tel. +358 10 465 4580
Ari-Pekka Latti, Group Treasurer, Metsä Group, tel. +358 10 465 4255
Metsä Group is a responsible forest industry group whose products’ main raw material is renewable and sustainably grown Nordic wood. Metsä Group focuses on tissue and cooking papers, consumer packaging 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 5.0 billion in 2012, and it employs approximately 11,500 people. The Group operates in some 30 countries. Metsäliitto Cooperative is the parent company of Metsä Group and is owned by approximately 125,000 Finnish forest owners.
With its high-quality tissue and cooking papers, Metsä Tissue makes life more comfortable for consumers, customers and end-users every day. Metsä Tissue is a leading tissue paper products supplier to households and professionals in Europe and the world’s leading supplier of baking and cooking papers. Our main brands are Lambi, Serla, Mola, Tento, Katrin and SAGA. With production units in six countries, we employ a total of about 3,000 people. Our sales in 2012 were EUR 982 million. Metsä Tissue is part of Metsä Group.