UPM wraps up Eu800m loan for Myllykoski acquisition

January 07, 2011 12:00 am

Finnish papermaker UPM-Kymmene signed Eu800m of bank loans on December 21 to finance the acquisition of its rival Myllykoski for an enterprise value of around Eu900m. UPM plans to issue five million shares, with a market value of Eu60m, to support the takeover.

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Topics

Syndicated Loans LevFin Leveraged Loans Securitization - CLOs LevFin - CLOs

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