Metsäliito Cooperative sells €175m Finnish unrated hit
Metsäliito Cooperative, the unrated parent company of the Metsä Group, the Finnish wood and paper producer, launched a successful €150m bond on Thursday that was increased to €175m and twice subscribed.
Nordea Markets and Pohjola Markets led the five year transaction, which has a 5.125% coupon and was priced at the tight end of the 425bp-450bp over mid-swap guidance.
"It takes quite a lot of work for investors to get comfortable, because this is one of the most opaque of
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