Munksjö signs a new term loan in Swedish krona to further increase flexibility and extend maturity

Helsinki, Finland, 2015-12-17 08:00 CET (GLOBE NEWSWIRE) --
MUNKSJÖ OYJ, STOCK EXCHANGE RELEASE 17 December 2015 at 8.00 a.m. CET

Munksjö signs a new term loan in Swedish krona to further increase flexibility
and extend maturity

Munksjö Oyj has entered into a new SEK 570 million term loan agreement with a
maturity of five years. The new loan will increase operating flexibility and
adjust the debt portfolio to the Group's operating structure. Munksjö's head
office and three production facilities are located in Sweden.

In addition to the new loan agreement, Munksjö has a term loan and revolving
credit facilities agreement, with a maturity of five years since September
2014. The interest payable under both agreements depends on the ratio of
consolidated net debt to consolidated EBITDA. The covenants for the agreements
are net debt to EBITDA and EBITDA to consolidated net finance charges. The
financing is provided by Nordea, Danske Bank and SEB.

The new term loan is expected to be implemented before the end of December 2015.

Munksjö Oyj

For further information, please contact:

Pia Aaltonen-Forsell, CFO, tel. +46 10 250 10 29
Laura Lindholm, Investor Relations Manager, tel. +46 72 703 63 36

Munksjö - Intelligent paper technology

Munksjö is a world-leading manufacturer of advanced paper products developed
with intelligent paper technology. Munksjö offers customer-specific innovative
design and functionality in areas ranging from flooring, kitchens and
furnishings to release papers, consumer-friendly packaging and energy
transmission. The transition to a sustainable society is a natural driving
force for Munksjö's growth as the products can replace non-renewable materials.
This is what "Made by Munksjö" stands for. Given Munksjö's global presence and
way of integrating with the customers, the company forms a worldwide service
organisation with approximately 2,900 employees and 15 facilities located in
France, Sweden, Germany, Italy, Spain, Brazil and China. Munksjö's share is
listed on Nasdaq in Helsinki and Stockholm.