Outotec offered a €150 million 7.375% hybrid bond.
Pohjola Bank acted as coordinator and joint lead manager, with Nordea Bank Finland as the other joint lead manager in the deal.
The bond has no specified maturity date but Outotec may exercise an early redemption option for the first time on 24 March 2021.
The bond will strengthen Outotec's capital structure and the proceeds will be used for refinancing existing debt and for the company's general corporate purposes.