Itella Corporation will issue a EUR 100 million six-year domestic bond with an annual coupon of 4,625 %.
The proceeds of the offering will be used for general corporate and refinancing purposes. The bond diversifies further Itella's funding base and lengthens its debt maturity profile.
Sampo Bank plc and Pohjola Bank plc acted as joint book runners for the transaction.
The intention is to list Itella's bond on the Helsinki Stock Exchange maintained by NASDAQ OMX Helsinki Oy.
Itella Corporation
Päivi Alakuijala
Vice President, Communications and CR
For further information:
Sari Helander, Senior Vice President, CFO, tel. +358 20 45 20907, firstname.lastname@itella.com
Jutta Tuominen, Vice President, Group Treasury, tel. +358 20 45 15092, firstname.lastname@itella.com
