Huhtamaki signed a EUR 65.5 million Schuldschein loan agreement
HUHTAMÄKI OYJ STOCK EXCHANGE RELEASE 23.9.2011 AT 18:25
Huhtamäki Oyj has signed a EUR 65.5 million freely transferable floating rate loan agreement (Schuldschein). The arrangement is targeted to institutional investors. The funds will be used for refinancing and general corporate purposes of the Group. The loan is divided into two tranches with loan periods of five (5) and seven (7) years.
For further information, please contact:
Mr. Tom Erander, Treasurer, tel. +358 (0)10 686 7893
Huhtamaki Group is a leading manufacturer of consumer and specialty packaging with 2010 net sales totaling EUR 2 billion. Foodservice and consumer goods markets are served by approximately 12,500 people in 58 manufacturing units and several sales offices in 31 countries. The parent company, Huhtamäki Oyj, has its head office in Espoo, Finland and its share is quoted on the NASDAQ OMX Helsinki Ltd. Additional information is available at www.huhtamaki.com.