Stora Enso successfully issues a 5.5-year EUR 500 million Eurobond

STORA ENSO OYJ STOCK EXCHANGE RELEASE 11 September 2012 at 17.00 EET

Stora Enso has today issued a EUR 500 million 5.5-year bond under its EMTN (Euro Medium Term Note) programme. The bond matures on 19 March 2018 and pays a fixed coupon of 5.00%. The issue price was 99.580, equivalent to a yield of 5.096% and Euro Mid-swaps + 400 basis points. There are no financial covenants in the bond.

The bond will be listed on the Luxembourg Stock Exchange. The proceeds of the offering will be used for general corporate purposes.

Barclays, Citigroup, J.P. Morgan and Nordea acted as joint bookrunners for the transaction.

“We decided to take advantage of the strong credit market conditions and issued a bond to strengthen our liquidity further. We continue to manage our maturity profile proactively,” says Jyrki Tammivuori, SVP, Group Treasurer.

For further information, please contact:
Jyrki Tammivuori, SVP, Group Treasurer, tel. +358 2046 21043
Ulla Paajanen-Sainio, SVP, Investor Relations, tel. +358 2046 21242

www.storaenso.com
www.storaenso.com/investors

Stora Enso is the global rethinker of the paper, biomaterials, wood product and packaging industry. We always rethink the old and expand to the new to offer our customers innovative solutions based on renewable materials. Stora Enso employs some 30 000 people worldwide, and our sales in 2011 amounted to EUR 11.0 billion. Stora Enso shares are listed on NASDAQ OMX Helsinki (STEAV, STERV) and Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) in the International OTCQX over-the-counter market.

STORA ENSO OYJ