Helsinki, Finland, 2012-03-09 11:30 CET (GLOBE NEWSWIRE) --
STORA ENSO OYJ STOCK EXCHANGE RELEASE 9 March 2012 at 12.30 EET
Stora Enso has successfully repurchased notes with nominal value EUR 336 820 000 from the 2014 bond issued in 2004 and tapped in 2009. The transaction is priced at an interpolated mid-swaps rate + 130 basis points and a yield of 2.396%, which equals a price of 105.970. The settlement date will be 13 March 2012.
Citigroup, Deutsche Bank, Goldman Sachs and SEB acted as Dealer Managers on the tender offer.
For further information, please contact:
Jyrki Tammivuori, SVP, Group Treasurer, tel. +358 2046 21043
Ulla Paajanen-Sainio, Head of Investor Relations, tel. +358 2046 21242
The stock exchange release concerning Stora Enso’s Eurobond tender offer was published at 29 February 2012 and can be read at www.storaenso.com/press
www.storaenso.com
www.storaenso.com/investors
Stora Enso is the global rethinker of the biomaterials, paper, packaging and wood products industry. We always rethink the old and expand to the new to offer our customers innovative solutions based on renewable materials. Stora Enso employs some 30 000 people worldwide, and our sales in 2011 amounted to EUR 11.0 billion. Stora Enso shares are listed on NASDAQ OMX Helsinki (STEAV, STERV) and Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) in the International OTCQX over-the-counter market.
STORA ENSO OYJ