Ahlstrom issues EUR 100 million senior bond
Ahlstrom Corporation STOCK EXCHANGE RELEASE 4.11.2010 at 9.00
Ahlstrom Corporation, a global leader in nonwovens and specialty papers, issues a EUR 100 million five-year senior unsecured bond. The bond pays an annual fixed coupon of 4.50 percent and has an issue price of 99.505. Ahlstrom will apply for listing of the bond on the NASDAQ OMX Helsinki Ltd.
The bond lengthens Ahlstrom's debt maturity profile and the proceeds will be used partly to refinance part of the EUR 200 million revolving credit facility due in 2012. In addition, it will be used for general corporate purposes.
Nordea Markets and Pohjola Bank act as joint lead managers for the transaction.
For further information, please contact:
Tel. +358 10 888 4768
NASDAQ OMX Helsinki
Ahlstrom in brief
Ahlstrom is a global leader in the development, manufacture and marketing of high performance nonwovens and specialty papers. Ahlstrom´s products are used in a large variety of everyday applications, such as filters, wipes, flooring, labels, and tapes. Based upon its unique fiber expertise and innovative approach, the company has a strong market position in several business areas in which it operates. Ahlstrom's 5,800 employees serve customers via sales offices and production facilities in more than 20 countries on six continents. In 2009, Ahlstrom's net sales amounted to EUR 1.6 billion. Ahlstrom's share is quoted on the NASDAQ OMX Helsinki. The company website is at www.ahlstrom.com.