| Debt on March 31, 2020 | Balance (MEUR) |
|---|---|
| Bonds* | 249 |
| Long-term loans from financial institutions* | 648 |
| Pension loans | 223 |
| Lease liabilities | 200 |
| Short-term loans from financial institutions | 5 |
| Commercial paper | 336 |
| Debt | 1,661 |
*) Includes arrangement fees which will be expensed during the lifetime of the loan.
| Existing funding programs on March 31, 2020 | |||||
|---|---|---|---|---|---|
| Maturity | Amount (MEUR) | Facility (MEUR) | Utilization (MEUR) | Available (MEUR) | |
| Committed Revolving Credit Facility | May 2021 May 2022 |
76 574 |
76 574 |
23 176 |
53 398 |
| Kemi mine financing facility* | 2030 | 120 | 120 | 42 | 78 |
| Finnish Commercial Paper Program | N/A | 800 | 800 | 336 | 464 |
* Availability period until March 2022
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 | 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 | |
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