Solidium signs CP backstop, eyes fresh financing

Solidium, a state-owned Finnish group with holdings in some of the country’s flagship companies, signed a Eu300m unsecured revolver on Tuesday and the company is now eyeing other forms of financing, including a bond issue.

  • 01 Dec 2009

“It’s natural that bonds should be the next step for us, to extend maturities,” Kari Järvinen, Solidium’s chief executive, told EuroWeek. He added, however, that the company had “no immediate need” to access the bond market, stressing that any potential issue was a while off.

The loan was ...

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1 Bank of America Merrill Lynch (BAML) 3,865 12 12.28
2 Citi 2,800 7 8.90
3 Goldman Sachs 2,615 4 8.31
4 Credit Agricole 2,254 6 7.16
5 Barclays 2,006 6 6.38

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1 Citi 46,714.29 133 12.73%
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