NewswireToday - /newswire/ -
Helsinki, Finland, 2013/06/25 - Metso Corporation announces the positive results of its consent solicitation process pursuant to which it solicited consents and waivers from the holders of the outstanding notes of certain series of notes issued pursuant to its EMTN Programme. MEO1V.HE
Metso Corporation announces the positive results of its consent solicitation process pursuant to which it solicited consents and waivers from the holders of the outstanding notes of certain series of notes issued pursuant to its EMTN Programme to pass an extraordinary resolution at a separate meeting of noteholders of each such series to sanction (a) the waiver and authorisation of any breach or any alleged breach of certain of the terms and conditions of the notes and (b) waivers in respect of certain statutory rights that such noteholders may have under Finnish law, in each case, as may be caused by, or arise in respect of, the proposed demerger of Metso’s Pulp, Paper and Power businesses into an independent company.
Metso Corporation is pleased to confirm that an extraordinary resolution was duly passed at each meeting of noteholders in respect of each such series of notes. Accordingly, the waivers and authorizations referred to in the extraordinary resolutions will take effect on and from today.
The details of the results of the consent solicitation are more fully described in the attached Luxembourg Stock Exchange “Results Notice”.
Metso (metso.com) is a global supplier of technology and services to customers in the process industries, including mining, construction, pulp and paper, power, and oil and gas. Our 30,000 professionals based in over 50 countries contribute to sustainability and deliver profitability to customers worldwide. Metso’s shares are listed on the NASDAQ OMX Helsinki Ltd.
Further information, please contact:
Minna Helppi, SVP, Group Treasurer, Metso Corporation, T: +358 20 484 3195
Harri Nikunen - CFO
Juha Rouhiainen - VP, Investor Relations
Distribution: NASDAQ OMX Helsinki Ltd