Financing and credit information

Financing and credit information includes information on debt, existing funding programs, ratings and bonds. 
Debt on September 30, 2022 Balance (MEUR)
Convertible bonds* 114
Long-term loans from financial institutions 113
Pension loans 154
Lease liabilities 171
Other long-term loans  12
Short-term loans from financial institutions
 0
Commercial paper 84
Debt 647
*) Includes arrangement fees which will be expensed during the lifetime of the loan, part of the Convertible Bonds reported as equity

Existing funding programs

Existing funding programs on September 30, 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  84  716

 

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

 

Updated November 10, 2022