Credit information

Debt on June 30, 2020 Balance (MEUR)
Bonds* 249
Long-term loans from financial institutions* 680
Pension loans 223
Lease liabilities 196
Short-term loans from financial institutions 7
Commercial paper 287
Debt 1,642

*) Includes arrangement fees which will be expensed during the lifetime of the loan.

Existing funding programs

Existing funding programs on june 30, 2020
  Maturity Amount (MEUR) Facility (MEUR) Utilization (MEUR) Available (MEUR)
Committed Revolving Credit Facility May 2021
May 2022
76
574
76
574
25
185
51
389
Kemi mine financing facility* 2030 120 120 64 56
Finnish Commercial Paper Program N/A 800 800 287 513
* Availability period until March 2022  

 

Ratings

Moody’s corporate rating
Issuer corporate family rating (CFR): B3 Probability default rating (PDR): B3-PD
Outlook: Negative
Date: March 31, 2020

Moody’s rating on the EUR 250 million senior secured notes due 2024
Rating: B2
Date: March 31, 2020

On April 2, 2020 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 2018–2024 June 18, 2024 Fixed 4.125% Nasdaq Helsinki FI4000331004 OUTJ412524  
MEUR 125 2020–2025 July 9, 2025 5%   XS2200501653   The initial Conversion Price is €3.273

 

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

Published July 9, 2020

Outokumpu Senior Unsecured EUR 125 million Convertible Bond due 2025

Published July 9, 2020