Page last updated: 15.02.2023
| Debt on DECEMBER 31, 2022 |
Balance (MEUR) |
| Convertible bonds* |
115 |
| Long-term loans from financial institutions |
113 |
| Pension loans |
154 |
| Lease liabilities |
179 |
| Other long-term loans |
12 |
Short-term loans from financial institutions
|
0 |
| Commercial paper |
0 |
| Other short-term loans and liabilities** |
58 |
| Total |
632 |
*) Includes arrangement fees which will be expensed during the lifetime of the loan, part of the Convertible Bonds reported as equity
**) Includes financial liability relating to share buyback program
Existing funding programs
| Existing funding programs on DECEMBER 31, 2022 |
| |
Maturity |
Amount (MEUR) |
Facility (MEUR) |
Utilization (MEUR) |
Available (MEUR) |
Revolving
Credit Facility, MEUR 700 |
Feb 2026
|
700
|
700
|
0
|
700
|
|
Credit facility, Finnvera
MEUR 100
|
December 2025 |
100 |
100 |
0 |
100 |
Finnish Commercial Paper Program
|
N/A |
800 |
800 |
0 |
800 |
Ratings
Moody’s corporate rating
Issuer corporate family rating (CFR): Ba3
Outlook: Positive
Date: September 15, 2022
(Earlier outlook on November 15, 2021: Stable)
Bond information
| Bond information |
| Bond |
Period |
Final maturity |
Interest rate |
Listed |
ISIN code |
Tracking ticker |
Other information |
| MEUR 125 |
2020–2025 |
July 9, 2025 |
5% |
Frankfurt |
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.
Outokumpu Senior Unsecured EUR 125 million Convertible Bond due 2025
