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Outokumpu Signed A EUR 400 Million Revolving Credit Facility - Outokumpu has signed a EUR 400 million committed multicurrency revolving credit facility to cover working capital needs - Outokumpu.com
Outokumpu Signed A EUR 400 Million Revolving Credit Facility

 

NewswireToday - /newswire/ - Espoo, Finland, 2012/04/04 - Outokumpu has signed a EUR 400 million committed multicurrency revolving credit facility to cover working capital needs - Outokumpu.com. OUT1V

   
 
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The credit facility will become available following the completion of the Inoxum transaction. The maturity of this credit facility is in June 2013 and includes a financial covenant based on gearing.

The banks in this loan syndicate are Nordea, J.P. Morgan Limited, SEB, Danske Bank A/S, Pohjola Bank plc, Handelsbanken, BNP Paribas and Crédit Agricole Corporate and Investment Bank.

For further information please contact:

Ingela Ulfves, VP – Investor Relations
T: +358 9 421 2438 / M: +358 40 5151 531

Renny Bång, VP – Finance
T: +358 9 421 3862 / M: +358 40 592 6264

OUTOKUMPU OYJ

Outokumpu (outokumpu.com) is a global leader in stainless steel with the vision to be the undisputed number one. Customers in a wide range of industries use our stainless steel and services worldwide. Being fully recyclable, maintenance-free, as well as very strong and durable material, stainless steel is one of the key building blocks for sustainable future. Outokumpu employs some 8 000 people in more than 30 countries. The Group’s head office is located in Espoo, Finland. Outokumpu is listed on the NASDAQ OMX Helsinki.

 
 
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Written by / Agency / Source: Outokumpu OYJ

 
 

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Outokumpu Signed A EUR 400 Million Revolving Credit Facility

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