Financing and credit information

Financing and credit information includes information on debt, existing funding programs, ratings and bonds. 
Debt on SEptember 30, 2021 Balance (MEUR)
Bonds* 249
Convertible bonds* 111
Long-term loans from financial institutions* 205
Pension loans 223
Lease liabilities 192
Other long-term loans  13
Short-term loans from financial institutions
 0
Commercial paper 100
Debt 1,094
*) 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, 2021
  Maturity Amount (MEUR) Facility (MEUR) Utilization (MEUR) Available (MEUR)
Committed Revolving
Credit Facility
May 2022
May 2024               		 42
532		 42
532		 0
0		 42
532
Revolving credit facility SEK 1 000 May 2023  99  99  0  99
Kemi mine financing facility* 2030 120 120 86 34
Finnish Commercial Paper Program N/A 800 800 100 700
* Availability period until March 2022    

Ratings

Moody’s corporate rating
Issuer corporate family rating (CFR): Ba3
Outlook: Stable
Date: November 15, 2021

Moody’s rating on the EUR 250 million senior secured notes due 2024
Rating: Ba3
Date: November 15, 2021

 

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

Published July 9, 2020