Boliden signs EUR 1,390 million credit agreements

Boliden, in partnership with 11 banks, has signed a syndicated revolving credit
facility agreement of EUR 770 million. The agreement comprises two facilities:
one of EUR 362 million with a term of 3 years which replaces an existing
facility of EUR 400 million that matures in 2017, and one of EUR 408 million
with a term of 5 years which replaces an existing facility of EUR 450 million
that matures in 2019.

Boliden has signed an additional syndicated credit facility agreement, known as
a term loan, with the same group of banks. This agreement replaces the existing
bridge loan to finance the acquisition of the Kevitsa nickel-copper mine. The
facility totals EUR 620 million and has a term of 4 years.

“The extended loan agreements further strengthen Boliden’s financial position
and give us the flexibility we need. We have also secured the long-term
financing of the Kevitsa mine acquisition,” says Boliden’s CFO, Håkan
Gabrielsson.

Boliden’s debt portfolio, after having signed the new agreements, will total
close to SEK 16 billion, with an average term of 3.7 years. The facilities
include a multicurrency option and are intended, in part, to function as back-up
facilities.



For further information, please contact:

Sophie Arnius, Director Investor Relations and Acting Press Officer,
tel: +46 8 610 15 23, +46 70 590 8072

The information provided comprises information that Boliden is obliged to
present pursuant to the Swedish Securities Market Act and/or the Swedish
Financial Instruments Trading Act. The information was released for publication
on 24 May 2016, at 08:30 CET.

Boliden is a metals company with a commitment to sustainable development. Our
roots are Nordic, but our business is global. The company’s core competence is
within the fields of exploration, mining, smelting and metals recycling. Boliden
has a total of approximately 4,900 employees and a turnover of SEK 40 billion.
Its share is listed on NASDAQ OMX Stockholm, segment Large Cap.

www.boliden.com