Munksjö Oyj: Syndication process in connection to the financing related to the merger of Munksjö and Ahlstrom concluded
MUNKSJÖ OYJ, PRESS RELEASE, 23 DECEMBER 2016 at 14:50 CET
Helsinki, Finland
Munksjö Oyj: Syndication process in connection to the financing related to the merger of Munksjö and Ahlstrom concluded
As previously communicated, the new financing arranged in connection with the combination of Munksjö Oyj and Ahlstrom Corporation consists of multicurrency term facilities and a revolving credit facility for Munksjö and a bridge facility for Ahlstrom, which will be assumed by Munksjö as from the date of completion of the merger. Munksjö has today concluded the syndication of the term loan facilities and the revolving credit facility. The bridge facility is provided by Nordea and SEB and will not be syndicated.
The syndicated financing is provided by SEB, Nordea and Danske Bank as bookrunners. BNP Paribas, OP Corporate Bank and Swedbank joined as Mandated Lead Arrangers. The following banks committed to the Facility as Lead Arrangers: Citi, Commerzbank, Crédit Agricole and DNB Bank.
Munksjö Oyj
For further information, please contact:
Anna Selberg, SVP Communications, tel. +46 703 23 10 32, anna.selberg@munksjo.com
Laura Lindholm, Head of Investor Relations, tel. +46 72 703 63 36, laura.lindholm@munksjo.com
Made by Munksjö – Intelligent paper technology
Munksjö is a world-leading manufacturer of advanced paper products developed with intelligent paper technology. Munksjö offers customer-specific innovative design and functionality in areas ranging from flooring, kitchens and furnishings to release papers, consumer-friendly packaging and energy transmission. The transition to a sustainable society is a natural driving force for Munksjö's growth as the products can replace non-renewable materials. This is what "Made by Munksjö" stands for. Given Munksjö's global presence and way of integrating with the customers, the company forms a worldwide service organisation with approximately 2,900 employees and 15 facilities located in France, Sweden, Germany, Italy, Spain, Brazil and China. Munksjö's share is listed on Nasdaq in Helsinki and Stockholm. Read more at http://www.munksjo.com/.