| Debt on June 30, 2020 | Balance (MEUR) |
|---|---|
| Bonds* | 249 |
| Long-term loans from financial institutions* | 680 |
| Pension loans | 223 |
| Lease liabilities | 196 |
| Short-term loans from financial institutions | 7 |
| Commercial paper | 287 |
| Debt | 1,642 |
*) Includes arrangement fees which will be expensed during the lifetime of the loan.
| Existing funding programs on june 30, 2020 | |||||
|---|---|---|---|---|---|
| Maturity | Amount (MEUR) | Facility (MEUR) | Utilization (MEUR) | Available (MEUR) | |
| Committed Revolving Credit Facility | May 2021 May 2022 |
76 574 |
76 574 |
25 185 |
51 389 |
| Kemi mine financing facility* | 2030 | 120 | 120 | 64 | 56 |
| Finnish Commercial Paper Program | N/A | 800 | 800 | 287 | 513 |
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 | |
| MEUR 125 | 2020–2025 | July 9, 2025 | 5% | Frankfurt | XS2200501653 | The initial Conversion Price is €3.273 | |
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.
Bond MEUR 250 Listing Prospectus 2018–2024
Published July 9, 2020
Outokumpu Senior Unsecured EUR 125 million Convertible Bond due 2025
Published July 9, 2020
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