Huhtamäki Oyj has signed a Euro 150 million freely transferable loan agreement (Schuldschein). The loan is targeted to institutional investors. It is divided into two floating rate and two fixed rate tranches with maturities of 5 and 7 years.

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Huhtamaki signed a Euro 150 million Schuldschein loan agreement

Mar 23, 2016. /Lesprom Network/. Huhtamäki Oyj has signed a Euro 150 million freely transferable loan agreement (Schuldschein), as the company said in the press release received by Lesprom Network.

The loan is targeted to institutional investors. It is divided into two floating rate and two fixed rate tranches with maturities of 5 and 7 years. Huhtamaki will use the funds for refinancing and general corporate purposes of the Group.

Huhtamaki is a global specialist in packaging for food and drink.