The issue of Itella Corporation's domestic bond was carried out according to plans on November 4, 2009. The term of the EUR 150 million loan is seven years and the fixed interest rate is 4.375%. The bond was clearly oversubscribed.
Itella's bond was listed on December 17 on the Helsinki Stock Exchange maintained by NASDAQ OMX Helsinki Oy.
By using different forms of financing, Itella ensures its investment capability for the future. The strategy for 2010-2014 is based on strong development of operations in both basic services and new growth markets.
For further information:
Tuija Soanjärvi, Senior Vice President, CFO, tel. +358 20 45 20907, firstname.lastname@example.org
Jutta Tuominen, Director, Group Treasury, tel. +358 20 45 15092, email@example.com