Financing and credit information

Financing and credit information includes information on debt, existing funding programs, ratings and bonds. 
Debt on March 31, 2022 Balance (MEUR)
Convertible bonds* 113
Long-term loans from financial institutions* 170
Pension loans 167
Lease liabilities 185
Other long-term loans  13
Short-term loans from financial institutions
 0
Commercial paper 173
Debt 819
*) 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 MARCH 31, 2022
  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

Credit facility, Finnvera
MEUR 100

 December 2025  100  100  0  100
Revolving credit facility SEK 1 000 May 2023  97  97  0  97
Finnish Commercial Paper Program N/A 800 800 173 627

 

Ratings

Moody’s corporate rating
Issuer corporate family rating (CFR): Ba3
Outlook: Stable
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