Stora Enso wins strong demand for high grade-style BB bond

29 Feb 2012

Stora Enso, the double-B rated Finnish paper company, launched a €500m seven year bond today that found strong demand, mainly from investment grade investors.

The deal is accompanied by a tender offer, in which Stora Enso hopes to buy back up to €500m of its €750m 2014 bond.

“The purpose of the deal was to tackle our maturities, as we have a positive cash balance,” said Kaarlo Höysniemi, vice-president of group treasury at ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.