Elisa issued a EUR 300 million Eurobond

ELISA STOCK EXCHANGE RELEASE 8 MARCH 2017 AT 4:30 PM

Elisa has today issued and priced new Eurobond maturing in 2024 that was announced 7 March 2017. The bond is issued under Elisa’s EUR 1 billion EMTN (Euro Medium Term Note) programme. 

The amount of the new bond is EUR 300 million and its reoffer interest rate is equivalent to 7 year Euro midswap rate 0.444% + 53 basis points. The Interest coupon is 0.875% and issue price is 99.333%. 

The Mandated Lead Managers for the bond issue are Deutsche Bank AG, London Branch, Nordea Bank Ab (Publ), OP Corporate Bank and Skandinaviska Enskilda Banken AB (Publ).

“Elisa's long-term and determined strategy execution and profitability improvement can also be seen in the price of long-term funding. With the transaction we were able to utilise the positive momentum in the debt market to lengthen the average maturity,” says Elisa's CFO Jari Kinnunen.

ELISA CORPORATION

Vesa Sahivirta                   
IR Director
tel. +358 50 520 5555

Further information: 

Mr Jari Kinnunen, CFO
tel. +358 50 324 3521

Mr Juha Kervinen, Group Treasurer
tel. +358 50 555 3625

Distribution:

Nasdaq Helsinki                
Principal media                  
www.elisa.com