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Stora Enso successfully completes Eurobond tender offer

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STORA ENSO OYJ STOCK EXCHANGE RELEASE 14 June 2016 at 16.00 EET

Following Stora Enso bond and tender release issued on 7 June 2016, Stora Enso has successfully repurchased notes with a nominal value of EUR 284 554 000 from the 2018 bond, and of EUR 67 389 000 from the 2019 bond, issued in 2012.

The transaction for the 2018 bond is priced at an interpolated mid-swaps rate + 35 basis points, which implies a yield of 0.184% and a price of 108.435. The 2019 bond is priced at an interpolated mid-swaps rate +90 basis points, which implies a yield of 0.746% and a price of 112.765. The settlement date will be 16 June 2016.

The negative impact on net financial items in Stora Enso’s second quarter 2016 results will be EUR 34 million.

The bookrunners for the transaction were Deutsche Bank, JP Morgan and Nordea Bank.

For further information, please contact:

Martin Ros, SVP, Treasurer, tel. +46 1046 71078

Investor enquiries:
Ulla Paajanen-Sainio, SVP, Investor Relations, tel. +358 2046 21242

The stock exchange release concerning Stora Enso’s Eurobond tender offer was published at 7 June 2016 and can be read at storaenso.com/press 

Stora Enso’s second quarter results will be published on 21 July 2016.

Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wooden constructions and paper on global markets. Our aim is to replace fossil based materials by innovating and developing new products and services based on wood and other renewable materials. We employ some 26 000 people in more than 35 countries, and our sales in 2015 were EUR 10.0 billion. Stora Enso shares are listed on Nasdaq Helsinki (STEAV, STERV) and Nasdaq Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) on the International OTCQX over-the-counter market. storaenso.com 

STORA ENSO OYJ

For further information, please contact:

Martin Ros
SVP, Treasurer
tel. +46 1046 71078

Investor enquiries:
Ulla Paajanen-Sainio
SVP, Investor Relations
tel. +358 2046 21242

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