Huhtamaki signed a Schuldschein loan agreement
HUHTAMÄKI OYJ PRESS RELEASE 25.4.2017 AT 17:30
Huhtamaki signed a Schuldschein loan agreement
Huhtamäki Oyj has signed a freely transferable loan agreement (Schuldschein) of EUR 117 million and USD 35 million (approx. EUR 33 million). It includes several floating and fixed rate tranches with maturities of 5, 7 and 10 years. The loan is targeted to institutional investors. Huhtamaki will use the funds for refinancing and general corporate purposes of the Group.
For further information, please contact:
Tom Erander, Treasurer, tel. +358 (0)10 686 7893
Kaisa Uurasmaa, Investor Relations, tel. +358 10 686 7815
HUHTAMÄKI OYJ
Group Communications
Huhtamaki is a global specialist in packaging for food and drink. With our network of 76 manufacturing units and additional 24 sales only offices in altogether 34 countries, we're well placed to support our customers' growth wherever they operate. Mastering three distinctive packaging technologies, approximately 17,000 employees develop and make packaging that helps great products reach more people, more easily. In 2016 our net sales totaled EUR 2.9 billion. The Group has its head office in Espoo, Finland and the parent company Huhtamäki Oyj is listed on Nasdaq Helsinki Ltd. Additional information is available at www.huhtamaki.com.