|
Debt on December 31, 2018 |
Balance (MEUR) |
|
Bonds* |
249 |
|
Convertible bonds* |
238 |
|
Long-term loans from financial institutions* |
18 |
|
Pension loans |
220 |
|
Long-term leasing |
85 |
|
Short-term loans from financial institutions |
38 |
|
Commercial paper |
460 |
|
Debt |
1,309 |
*) 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 December 31, 2018 |
|
|
|||
|
|
Maturity |
Amount |
Facility (MEUR) |
Utilization (MEUR) |
Available (MEUR) |
|
Committed Revolving Credit Facility |
May 2021 |
650 |
650 |
0 |
650 |
|
Kemi mine financing facility* |
2030 |
120 |
120 |
0 |
0 |
|
Finnish Commercial Paper Program |
N/A |
800 |
800 |
460 |
340 |
* Availability period from April 2019 to March 2022.
Ratings
Moody’s corporate rating
Issuer corporate family rating (CFR): B1
Probability default rating (PDR): B1-PD
Outlook: Stable
Date: November 6, 2017
Moody’s rating on the EUR 250 million senior secured notes due 2024
Rating: Ba3
Date: June 4, 2018
On 27 November 2018 Moody’s issued Credit Opinion document on Outokumpu Oyj.
On 27 November 2018 Moody’s issued Credit Opinion document on Outokumpu Oyj.
Bond information
|
Bond information |
|
|
|||
|
Bond |
Period |
Interest rate |
Listed |
ISIN code |
Tracking ticker |
|
MEUR 250 |
2015–2020 |
Fixed 3.25% |
Frankfurt |
XS1194020852 |
|
|
MEUR 250 |
2018–2024 |
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. |