Huhtamaki signed EUR 400 syndicated revolving credit facility
HUHTAMÄKI OYJ STOCK EXCHANGE RELEASE 29.3.2011 AT 16:55
Huhtamäki Oyj has signed a EUR 400 million syndicated revolving credit facility loan agreement for the period of five (5) years. The new credit facility refinances an existing EUR 475 million credit facility signed in December 2005, and will be used for general corporate purposes of the Group.
The Mandated Lead Arrangers and Book Runners of the credit facility are Citigroup Global Markets Limited, Nordea Bank Finland Plc, Commerzbank Aktiengesellschaft, DBS Bank Ltd, DnB NOR Bank ASA, Pohjola Bank plc and Skandinaviska Enskilda Banken AB (publ). The Arrangers of the credit facility are Landesbank Hessen Thüringen Girozentrale and J.P. Morgan plc.
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 12,000 people in 53 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.