Elisa issued a EUR 300 million Eurobond

ELISA STOCK EXCHANGE RELEASE 8 SEPTEMBER 2020 AT 5:30 PM

Elisa has today issued and priced new Eurobond maturing in 2027. The bond is issued under Elisa’s EUR 1.5 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 -0.358% +68 basis points. The Interest coupon is 0.25% and issue price is 99.502. The bonds will be listed on the Luxembourg Stock Exchange.

The Joint Bookrunners for the bond issue are Danske Bank A/S, Nordea Bank Abp, OP Corporate Bank plc and Swedbank AB (publ).

“We are pleased that Elisa's long-term and determined strategy execution and profitability improvement can also be seen in strong demand for Elisa’s debt securities. This allowed us to maintain tight pricing. With this transaction, we proactively manage the coming repayments, decrease interest expenses and lengthen the average maturity”, says Elisa’s CFO, Jari Kinnunen.

ELISA CORPORATION

Vesa Sahivirta
IR Director
tel. +358 50 520 5555

Further information: 

Jari Kinnunen, CFO
tel. +358 50 324 3521

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

Distribution:

Nasdaq Helsinki
Principal Media

elisa.com

About Us

Elisa is a pioneer in telecommunications and digital services. We serve approximately 2.8 million consumer, corporate and public administration organisation customers, and have over 6.3 million subscriptions in our extensive network. Cooperation with Vodafone and Tele2, among others, enables globally competitive services. Our core markets are Finland and Estonia, and we also provide digital services for international markets. Elisa’s shares are listed on the Nasdaq Helsinki. In 2019, our revenue was EUR 1.84 billion euros, and we employed 4,900 people. As a responsible Finnish market leader, our operations are guided by continuous improvement. We will be a carbon neutral company from 2020 onwards. Further information on www.elisa.com , Facebook (@elisasuomi) and Twitter (@ElisaOyj)

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