IFLR1000

Outokumpu €250 million 4.125% bond issue

18/6/2018
Investment grade bond/note issue
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€ 250 million

$ 277.294 million

Announced

18/6/2018

Overview:

  • Stainless steel producer Outokumpu has issued a €250 million bond with an annual coupon of 4.125%.
  • The bonds are convertible into Outokumpu's ordinary shares and will be redeemed at par in June 2024, purchased or converted.

Prin Shasiharan - Researcher

Jurisdiction:

Finland

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Industry sector:

Industrials and manufacturing

Firms:
Roschier

Party: Outokumpu (Issuer)

Lawyer: Petri Avikainen

White & Case

Party: Danske Bank (Joint lead manager)

Party: Swedbank (Joint lead manager)

Party: Nordea Bank (Joint lead manager)

Party: BNP Paribas (Joint lead manager)

Lawyer: Tanja Törnkvist

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