Credit information

Debt on September 30, 2019

Balance (MEUR)

Bonds*

249

Convertible bonds*

246

Long-term loans from financial institutions*

37

Pension loans

220

Lease liabilities

210

Short-term loans from financial institutions

39

Commercial paper

460

Debt

1,460

 
*) Includes arrangement fees which will be expensed during the lifetime of the loan. Part of Convertible bonds is reported as equity.

Credit information

Existing funding programs

Existing funding programs on September 30, 2019

 

 

 

Maturity

Amount
(MEUR)

Facility (MEUR)

Utilization (MEUR)

Available (MEUR)

Committed Revolving Credit Facility

May 2021

May 2022

76

574

76

574

0

0

76

574

Term loan*    400 400  0  400

Kemi mine financing facility**

2030

120

120

24

96

Finnish Commercial Paper Program

N/A

800

800

460

340

 *   Outokumpu has signed EUR 400 million secured term loan in June, which was withdrawn in October 2019.
 ** Availability period until March 2022.

Ratings 

Moody’s corporate rating
Issuer corporate family rating (CFR): B1

Probability default rating (PDR): B1-PD
Outlook: Negative
Date: May 27, 2019
   
Moody’s rating on the EUR 250 million senior secured notes due 2024 
Rating: Ba3
Date: May 27, 2019

On May 27, 2019 Moody’s issued Credit Opinion document on Outokumpu Oyj.

Bond information

Bond information

 

 

Bond

Period

Final maturity

Interest rate

Listed

ISIN code

Tracking ticker

Other information

MEUR 250

2015–2020

February 26, 2020

Fixed 3.25%

Frankfurt

XS1194020852

 

Current conversion price is 6.75 euros/share

MEUR 250

2018–2024

June 18, 2024

Fixed 4.125%

Nasdaq Helsinki

FI4000331004

OUTJ412524

                 

Listing particulars for bonds            

Not for release, publication or distribution, directly or indirectly, in or into the United States, Australia, Canada, Hong Kong, Japan or Singapore, or any other jurisdiction in which the distribution or release would be unlawful.
Bond MEUR 250 Listing Prospectus 2018–2024

Terms and conditions of the EUR 250 million senior unsecured convertible bond due February 26, 2020
Outokumpu Convertible Notes due 2020  Terms and Conditions            

 


 

Ihr Kontakt

[OfficeName]

[OfficeMail] [OfficePhone]

Folgen Sie uns auf unseren Social Media Kanälen