PANOSTAJA GETS MEUR 50 DOMESTIC COMMERCIAL PAPER PROGRAMME


Panostaja Oyj     STOCK EXCHANGE BULLETIN        January 13th, 2015 at 10:00am             

 

PANOSTAJA GETS MEUR 50 DOMESTIC COMMERCIAL PAPER PROGRAMME

 

Panostaja Oyj has signed a contract on a MEUR 50 domestic commercial paper programme. Within the framework of the contract, the company can issue commercial papers of a tenor of less than one year, which are used to finance Panostaja’s working capital and other current financing needs. Using the commercial paper market as a source of financing consolidates Panostaja’s financial capacity.

The bank organizing the commercial paper programme is Nordea Bank Finland Plc.

 

PANOSTAJA OYJ

 

Juha Sarsama

CEO

Further information: Juha Sarsama 040 774 2099

 

Panostaja is an investment company developing Finnish SMEs in the role of an active majority shareholder. The company aims to be the most sought-after partner for business owners selling their companies as well as for the best managers and investors. Together with its partners, Panostaja increases the Group's shareholder value and creates Finnish success stories. Panostaja operates in eight business segments, and Panostaja Group employs some 1,100 staff. Panostaja’s shares (PNA1V) are quoted on the NASDAQ OMX Helsinki Stock Exchange. In the 2014 financial year, the Group’s net sales totaled MEUR 154.8. www.panostaja.fi