STOCK EXCHANGE RELEASE

June 29, 2009 at 4.40 pm

 

 

Outokumpu has today signed a three-year EUR 900 million revolving credit facility. This is a committed credit facility to be used for general corporate purposes and it replaces the comparable five-year EUR 1 billion facility signed in June 2005. The loan agreement includes a financial covenant based on gearing.

 

The Mandated Lead Arrangers and Bookrunners are Nordea, ABN AMRO Bank N.V., Stockholm Branch, The Bank of Tokyo-Mitsubishi UFJ, BNP Paribas, CALYON Crédit Agricole CIB, Handelsbanken Markets, Pohjola Bank plc, Sampo Bank plc and SEB. Commerzbank Aktiengesellschaft, Hamburg Branch and J.P. Morgan participated as arrangers and ING as co-arranger.

 

 

For further information please contact:

 

Esa Lager, CFO, tel +358 9 421 2516

Renny Bång, VP - Finance, tel: +358 9 421 3862

 

 

OUTOKUMPU OYJ
Corporate Management

Ingela Ulfves

Vice President - Investor Relations & Financial Communications

tel. + 358 9 421 2438, mobile +358 40 515 1531

ingela.ulfves@outokumpu.com

www.outokumpu.com