Stora Enso successfully completes SEK benchmark bond offer

STORA ENSO OYJ  Stock Exchange Release 9 December 2004 at 16.45

Stora Enso successfully completes SEK benchmark bond offer

The 5-year SEK 4.3 billion benchmark bond of Stora Enso Oyj, 
rated Baa1/BBB+ (both stable), is now priced and launched in the 
Company’s Swedish MTN programme. Due 15 December 2009, the deal 
pays a fixed coupon of 3.875% and has an issue/reoffer price of 
99.599 to give a spread of 38bps over mid 5-year SEK swap.

The bond was issued to restructure the Company’s debt portfolio 
and take advantage of favourable market conditions.

Joint Lead Managers & Bookrunners for this transaction were 
Handelsbanken Capital Markets, Nordea Markets and SEB Merchant 
Banking. 




For further information, please contact:
Peter Nordquist, Vice President Head of Funding, tel. +44 20 
7016 3266



Previous press release concerning Stora Enso’s SEK benchmark 
bond offer
www.storaenso.com/press
- 3 December 2004: Stora Enso to launch a SEK benchmark bond 
offer


STORA ENSO OYJ




Jyrki Kurkinen    Ulla Paajanen-Sainio