Jul 05, 2011. Metsä Tissue Oyj has signed a new credit agreement with Sumitomo Mitsui Banking Corporation. The credit agreement is split into two tranches totalling near Euro 37 million, with maturities of approximately nine and eleven years.

Tissue Paper

Metsä Tissue Oyj signs credit agreement to finance investment in Poland

Jul 05, 2011. /Lesprom Network/. Metsä Tissue Oyj has signed a new credit agreement with Sumitomo Mitsui Banking Corporation. The credit agreement is split into two tranches totalling near Euro 37 million, with maturities of approximately nine and eleven years, as the company said in a press release received by Lesprom Network. The loan will go towards financing the purchase and construction of two new tissue machines in Krapkowice, Poland. Metsä Tissue is one of Europe’s leading suppliers of tissue paper products to households and professional users in Europe. The company also the world’s leading supplier of baking and cooking paper products. Metsä Tissue is part of the Metsäliitto Group.