Thursday, 13 September 2012

Stora Enso Issues A EUR 500 Million Eurobond

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. 


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