Componenta Corporation Stock Exchange Release 17.5.2016 at 8.00
Componenta Corporation has on 11 May 2016 announced the acceptance of subscriptions for a convertible capital loan of EUR 40 million and discharge of secured bank loans and a secured bond.
Componenta Corporation has on 16 May 2016 issued a convertible capital loan of EUR 40 million and discharged of secured bank loans and a secured bond. As a result of the arrangement, the amount of the company’s secured debt has decreased by more than EUR 72 million.
Helsinki, 17 May 2016
COMPONENTA CORPORATION
Harri Suutari
President and CEO
For further information, please contact:
Harri Suutari
President and CEO
tel. +358 400 384 937
Markku Honkasalo
CFO
tel. +358 10 403 2710
Componenta is a metal sector company with international operations and production plants located in Finland, Turkey, the Netherlands and Sweden. The net sales of Componenta were EUR 495 million in 2015 and its share is listed on Nasdaq Helsinki. The Group employs approx. 4,250 people. Componenta specializes in supplying cast and machined components and total solutions made of them to its global customers, who are manufacturers of vehicles, machines and equipment.