Stora Enso issues new EUR 300 million bond
STORA ENSO OYJ STOCK EXCHANGE RELEASE 14 March 2018 at 18.00 EETStora Enso has successfully issued a new EUR 300 million bond under its EMTN (Euro Medium Term Note) programme. The bond matures in March 2028 and pays a fixed coupon of 2.5%. The issue price was 99.633, equivalent to a yield of 2.542% and Euro Mid-swaps +150 basis points. There are no financial covenants for the bond. The bond will be listed on the Luxembourg Stock Exchange. The bookrunners for the transaction are Deutsche Bank, Goldman Sachs, and NatWest. “Accelerated growth during the past four consecutive quarters