Huhtamäki raises dollars as Schuldschein tempts Far East

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By Silas Brown
27 Apr 2017

Finnish packaging firm Huhtamäki closed a heavily oversubscribed dual currency Schuldschein on Monday as opportunities to invest in multiple currencies attract foreign lenders into the market.

Leads Commerzbank and Helaba offered tranches at five and seven years, in either euros or dollars, while adding a 10 year tranche solely in euros, closing the transaction with €117m and $35m raised.

Huhtamäki is well known in the Schuldschein market, as the Finnish firm issued €100.5m ...

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