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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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