Fiskars has signed a EUR 80 million revolving credit facility

Fiskars Corp.       Stock Exchange Release      November 15, 2012 at 11:30 EET

Fiskars Corporation has today signed a EUR 80 million revolving credit facility with Pohjola Bank plc. The new facility replaces the company’s existing EUR 80 million revolving credit facility signed in November 2007. The new facility has a tenor of five years and serves for general corporate purposes.

Fiskars has a total of EUR 455 in committed credit facilities with Nordic banks.


FISKARS CORPORATION

Kari Kauniskangas
President & CEO

 

Further information:

Ilkka Pitkänen, CFO, tel. +358 204 39 5054, ilkka.pitkanen@fiskars.com


Fiskars is a leading global supplier of consumer products for the home, garden and outdoors. The group has a strong portfolio of respected international brands, including Fiskars, Iittala and Gerber. Founded in 1649 and listed on NASDAQ OMX Helsinki, Fiskars is Finland's oldest company. Fiskars recorded net sales of EUR 743 million in 2011, and employs some 3,400 people in over 20 countries. www.fiskarsgroup.com