Stora Enso amends and extends its revolving credit facility
STORA ENSO OYJ STOCK EXCHANGE RELEASE 21 December 2015 at 9.00 EET Stora Enso has extended its EUR 700 million committed credit facility agreement by one year. The facility now matures in January 2019, and will be used as a backup for general corporate purposes. The facility is currently undrawn.The new margin is based on a ratings grid, and at the current ratings of BB/Ba2 the margin is 1.20% p.a. over Euribor. The loan has no financial covenants.The lenders are Crédit Agricole Corporate and Investment Bank, Pohjola Bank plc, SEB, Barclays, BNP Paribas Corporate & Investment