Stora Enso successfully completes Eurobond benchmark issue

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STORA ENSO OYJ Stock Exchange Release 9 June at 16.30

Stora Enso successfully completes Eurobond benchmark issue


The 5-year EUR 500 million benchmark bond of Stora Enso Oyj, 
rated Baa1 (negative)/BBB+ (stable), is now priced and launched 
under the Company’s EMTN (Euro Medium Term Note) programme. Due 
22 June 2010, the deal pays a fixed coupon of 3.25% and has an 
issue/reoffer price of 99.977 to give a spread of 58bps over 5-
year mid swap.

The bond was issued to improve the Company’s debt structure and 
take advantage of favourable market conditions.

Joint Bookrunners for this transaction were Barclays Capital and 
Citigroup. Co-managers are BNP Paribas, Danske Bank, Deutsche 
Bank, Merrill Lynch and UBS.



For further information, please contact:
Peter Nordquist, Vice President, Funding, tel. +44 20 7016 3266



Previous press release concerning Stora Enso’s Eurobond benchmark 
issue
www.storaenso.com/press
- 7 June 2005: Stora Enso will launch a 5-year Eurobond 
benchmark issue


STORA ENSO OYJ




p.p.  	Jussi Siitonen		Jukka Marttila


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