Stora Enso successfully issues two five-year bonds
STORA ENSO OYJ STOCK EXCHANGE RELEASE 12 June 2012 at 17.30 EETStora Enso has today successfully issued two five-year bonds with total nominal value SEK 1 700 million under its EMTN (Euro Medium Term Note) programme. Both bonds are due on 26 June 2017. One SEK 1 350 million bond pays a floating coupon of three months Stibor + 390 basis points and has an issue/reoffer price of 100.000. The other SEK 350 million bond pays a fixed coupon of 5.75% and has an issue/reoffer price of 99.010 to give a spread of 390 basis points over five-year mid swap which equals the yield of 5.985%. The bonds