Componenta informs the progress of its financial negotiations

Componenta Corporation Stock Exchange Release 11.3.2016 at 11.00

Componenta has on 4 December 2015 announced to begin negotiations for a financing solution, which would support new strategic alignments and secure the company’s liquidity position. These negotiations have proceeded as planned.

The arrangement, being the subject of the negotiations, consists of cutting some of the current bank loans and converting them into long-term. Also, the company conducts negotiations in order to get new long-term financing.

Even though the negotiations have been progressed, there are uncertainties about whether it will come into effect. The company will announce more about the progress of the negotiations on 1 April 2016 at the latest.

Helsinki on 11 March 2016

COMPONENTA CORPORATION

Markku Honkasalo
CFO

For more information, please contact:

Markku Honkasalo
CFO
tel. +358 10 403 2710

Componenta is a metal sector company with international operations and production plants located in Finland, Turkey, the Netherlands and Sweden. The net sales of Componenta were EUR 495 million in 2015 and its share is listed on Nasdaq Helsinki. The Group employs approx. 4,250 people. Componenta specializes in supplying cast and machined components and total solutions made of them to its global customers, who are manufacturers of vehicles, machines and equipment.