Valmet signed EUR 200 million syndicated revolving credit facility
Valmet Oyj's stock exchange release on October 20, 2016 at 3:00 p.m. EET
Valmet Oyj has signed a new EUR 200 million syndicated revolving credit facility agreement. The new facility matures on January 14, 2022 with two 1-year extension options dependent on the approval of the banks concerned. The new facility refinances an existing EUR 200 million credit facility and will be used for general corporate purposes.
The Mandated Lead Arrangers and Bookrunners of the credit facility are Bank of America Merrill Lynch International Limited, Citibank N.A. London Branch, Crédit Agricole Corporate and Investment Bank Helsinki Branch, Danske Bank A/S, Helsinki Branch, Nordea Bank Finland PLC, OP Corporate Bank plc, Skandinaviska Enskilda Banken AB (publ) and Standard Chartered Bank.
Further information, please contact:
Joni Ihantola, Corporate Treasurer, Valmet, tel. +358 50 317 1045
Director, Investor Relations
Valmet is the leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. We aim to become the global champion in serving our customers.
Valmet's strong technology offering includes pulp mills, tissue, board and paper production lines, as well as power plants for bioenergy production. Our advanced services and automation solutions improve the reliability and performance of our customers' processes and enhance the effective utilization of raw materials and energy.
Valmet's net sales in 2015 were approximately EUR 2.9 billion. Our 12,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day. Valmet's head office is in Espoo, Finland and its shares are listed on the Nasdaq Helsinki.
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